This Practice Note covers the legal framework and regulatory guidance to be considered in determining whether an arrangement constitutes a contract of...
Consistent with the common law of contract, an insurer is not able to transfer the burden of its obligations under a contract of insurance without the...
Under the general prohibition a person cannot carry out a regulated activity, or purport to carry out a regulated activity, in the UK unless they are...
This document tracks the movement of where (re)insurance companies will move in order to retain ‘passporting’ rights, following the UK’s decision to...
IntroductionOne of the purposes of a commercial contract is to allocate risk and liability through, for example, the provision of indemnities. In this...
In some instances someone may suffer damage that results partly from their own fault and partly from the fault of someone else. A claim in respect of...
Brexit: As of exit day (11pm on 31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK...
Brexit: This Practice Note contains guidance on subjects impacted by the UK’s withdrawal from the EU. As of 31 January 2020 (exit day), the UK is no...
Brexit: This Practice Note contains guidance on subjects impacted by the UK’s withdrawal from the EU. As of 31 January 2020 (exit day), the UK is no...
This document tracks the movement of where (re)insurance companies will move in order to retain ‘passporting’ rights, following the UK’s decision to...
This Practice Note considers the impact on the UK financial services sector in the event of a ‘no deal’ World Trade Organization (WTO) Brexit outcome...
Financial Services Brexit GlossaryThis glossary sets out, in alphabetical order, a list of commonly used terms and acronyms that have been in regular...
This insurance distribution quick guide details current UK legislation and retained EU legislation in relation to insurance distribution requirements...
This Solvency II quick guide details current UK legislation and retained EU legislation in relation to prudential insurance requirements that will be...
The International Underwriting Association (IUA) published a Brexit ‘Contract Continuity Clause’ to help companies manage insurance contracts as the...
A second Brexit contract continuity clause has been published by the International Underwriting Association (IUA). The IUA previously issued a policy...
We are constantly reviewing and adding to our content as a result of market practice and customer feedback. We do not have any content on the impact...
This question relates to the European Communities (Rights Against Insurers) Regulations 2002 (EC(RAI) Regs 2002), SI 2002/3061 legislation introduced...
The Basel Accords—Basel I, II and IIIThe Basle (or Basel) Capital Convergence Agreement of July 1988, is the original text of the first Basel Capital...
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