Insurance Update - November 2021

The following topics are covered in this issue. To see the articles, please log on to our Knowledge Portal or contact your usual Linklaters’ contact.

• IAIS report on exposure of insurance sector investments to climate change
• IAIS publishes papers in support of practical application of supervisory practices
• EIOPA publishes approach for Interbank Offered Rates transitions
• EU SFDR: ESAs publish revised draft RTS on Taxonomy alignment disclosures
• UK: FCA publishes discussion paper on investment labels under forthcoming SDR regime
• Greening Finance: A Roadmap to Sustainable Investing
• Disclosure of climate-related financial information to come into force from 6 April 2022
• UK regulators publish their Climate Change Adaptation Reports
• UK: Future regulatory framework – Treasury plots reform of retained EU law and new competitiveness objective for regulators
• UK Brexit update: Looking ahead to the end of standstill relief and temporary permissions
• UK FCA portfolio letter to Lloyd’s and London market insurers and others
• UK FCA perimeter report 2020/21
• Recent deals