UK and European Insurance Regulatory Developments, Q2 2018

11 July 2018
View Debevoise Update
Key takeaways:
  • The European Commission has started the 2020 Solvency II review process by requesting information from the European Insurance and Occupational Pensions Authority (“EIOPA”).
  • The Prudential Regulation Authority and the Financial Conduct Authority published policy statements and near-final rules on the extension of the Senior Managers and Certification Regime to insurers, which take effect from 10 December 2018.
  • EIOPA announced the launch of the 2018 European Union wide stress test for the insurance sector.