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FCA guidance on Part VII transfers - proposed changes
On 8 July the FCA published a consultation on amending the guidance on their approach to the review of Part VII insurance business transfers.
GC 21/3: Proposed changes to guidance on the FCA’s approach to the review of Part VII insurance busi...
The consequences of paying with data
There is a growing concern that individuals are losing control over their data as a result of the shift from traditional payment mechanisms to ‘paying with their data’. In this briefing we explore the intended and unintended consequences of &l...
What next for UK Solvency II?
On 1 July HM Treasury published a summary of the responses it received to its autumn 2020 call for evidence on the Review of Solvency II. In this client briefing we highlight some of the key points raised by respondents and the next steps in the process.
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Pensions Bulletin - June 2021
In this month’s Pensions Bulletin, we review two publications from the Pensions Regulator (TPR) - the Annual Funding Statement and consultation on a revised Code of Practice on Contribution Notices in the light of the extension of TPR’s powers...
Global Investigations Bulletin (June 2021)
Our latest Global Investigations Bulletin for June 2021 is now available. This month, we take a look at the European Public Prosecutor’s Office, set out the latest news in global investigations and enforcement actions, and provide key horizon scanning upd...
The EU rules on State aid
Guide to the rules on State aid within the EU
This publication provides an overview of the EU rules on State aid. First, it looks at the notion of State aid - in particular, the conditions that must be satisfied for there to be aid under the EU regime. I...
Pensions Bulletin - April 2021
In this month’s Pensions Bulletin, we look at new guidance for employers and trustees on helping employees with pension options without the risk of contravening financial services legislation. We cover two ESG developments – the new clima...
Competition & Regulatory Newsletter (24 March - 13 April 2021)
European Commission publishes results of its evaluation of EU merger control rules
European Commission publishes results of its evaluation of EU merger control rules
On 26 March 2021 the European Commission published the findings of its evaluatio...
Global Investigations Bulletin (April 2021)
Our latest Global Investigations Bulletin for April 2021 is now available. This month, we discuss the Financial Conduct Authority’s initiation of criminal proceedings against NatWest for breaches of the 2007 Money Laundering Regulations. We also set out t...
Pensions Bulletin - March 2021
In this month’s Pensions Bulletin, we consider three significant consultations regarding the Pension Regulator (TPR) and its powers: the proposed approach of TPR to the new criminal sanctions under the Pension Schemes Act 2021 (PSA), the draft conso...