Key takeaways:

• The PRA is consulting on Phase 1 of its Review of Solvency II Reporting and Disclosure Requirements, proposing changes to reduce the volume of financial information reported.
• The PRA has published Statements on Outsourcing and Third-Party Risk Management to facilitate greater insurer resilience and adoption of cloud and other new technologies.
• The European Commission has adopted a Delegated Regulation helping companies and investors to make sustainable investment decisions.