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UK and European Insurance Regulatory Developments, Q1 2018
1 May 2018
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The Prudential Regulation Authority published its response to the House of Commons Treasury Select Committee report, in particular outlining its response to specific policy recommendations from the Committee’s report.
The implementation of the Insurance Distribution Directive has been delayed. The application date is now 1 October 2018.
The Treasury has announced that the extension of the senior managers and certification regime to insurers, reinsurers and managing agents will enter into force on 10 December 2018.
James C. Scoville
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