This month's roundup of developments affecting the insurance industry sees news on the FCA's policy statement on its third IDD consultation, the PRA consulting on insurance reporting requirements changes and EIOPA publishing a report on the application of group supervision under Solvency II. 


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General Update 

  • FCA statement on PRIIPs KID
  • PRA consults on insurance reporting requirements changes
  • IAIS seeks views on trends and developments for its 5-year plan

Insurance Distribution Directive

  • FCA policy statement on third consultation on IDD implementation
  • HM Treasury response to consultation on transposing IDD
  • European Parliament's Committee on Economic and Monetary Affairs supports delay to application of IDD
  • European Parliament to consider proposed Directive delaying IDD application date at 28 February to 1 March 2018 plenary session

Solvency II

  • EIOPA report on application of group supervision under Solvency II
  • HM Treasury response and PRA interim response to Treasury Committee's report on Solvency II 

Key contacts

Brian McDonnell

Brian McDonnell

Partner, Financial Regulation
London

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Richard Wise

Richard Wise

Partner, Head of Insurance Disputes
London

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Robert Garwood

Robert Garwood

Managing Associate, London
United Kingdom

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