Regulation of insurance

Regulation of insurance guidance:

Insurance contracts have always had an aura of mystery about them in the eyes of law students and lawyers. This is because they are contracts of the utmost good faith....

Practice Note

This Practice Note covers the regulated activities of providing basic advice to retail consumers on stakeholder products and of advising on: • securities and relevant...

Practice Note

What is the Lloyd’s market? The Lloyd’s market is an insurance market, whose origins date back to the seventeenth century. Merchants would meet at Edward Lloyd’s coffee...

Practice Note

The Financial Conduct Authority (FCA) has statutory objectives which include the protection and enhancement of the integrity of the UK financial system. The integrity of...

Practice Note

Arranging deals in investments, operating a multilateral trading facility (MTF) and operating an organised trading facility (OTF) are regulated activities under articles...

Practice Note

Background to the regulation of assisting in the administration and performance of insurance contracts Under section 19 of the Financial Services and Markets Act 2000...

Practice Note

BREXIT: The UK is leaving the EU on exit day (as defined in the European Union (Withdrawal) Act 2018). This has an impact on this Practice Note. For further guidance, see...

Practice Note

Dealing as principal or as agent Authorised persons can obtain permission to deal in investments as principal, or as agent for another. Dealing in investments as...

Practice Note

Background to the regulated activities of effecting and carrying out contracts of insurance The regulation of carrying on insurance business in the UK dates back to 1870...

Practice Note

BREXIT: The UK is leaving the EU on Exit Day (as defined in the European Union (Withdrawal) Act 2018). This has an impact on this Practice Note. For guidance, see...

Practice Note

Insurers must negotiate a patchwork system of financial and trade sanctions. In the UK, the primary responsibility for administering the sanctions framework is taken by...

Practice Note

What does EIOPA do? The European Insurance and Occupational Pensions Authority (EIOPA) is one of three European Supervisory Authorities (ESAs) which was created to...

Practice Note

This Practice Note sets out the passporting rights and related notification requirements of insurance undertakings established in the European Economic Area (EEA). For...

Practice Note

Terms of Reference for the Wholesale Insurance Market Study The Financial Conduct Authority (FCA) launched a market study (MS 17/2) into the wholesale insurance market on...

Practice Note

What is insurance law? Insurance law can be split into three parts: • insurance contract law which governs the contractual relationship between insureds and insurers •...

Practice Note

Click here to download the latest Insurance & Reinsurance report, published by Getting the Deal Through. Jurisdictions covered The following jurisdictions are covered in...

Practice Note