NOVEMBER 2017 –THIS MONTH'S NEWS

  • CENTRAL BANK RELEASES CONSULTATION PAPER ON THE AUTHORISATION AND SUPERVISION OF THIRD COUNTRY INSURANCE BRANCHES
  • CENTRAL BANK CONSULTATION PAPER ON AMENDMENT TO THE NON-LIFE RENEWAL REGULATIONS
  • CENTRAL BANK PUBLISHES CONSULTATION PAPER ON INTERMEDIARIES' INDUCEMENTS
  • CENTRAL BANK PUBLISHES INFORMATION NOTE ON MAJOR CHANGES TO INTERNAL MODELS
  • COMMENCEMENT OF FINANCIAL SERVICES AND PENSIONS OMBUDSMAN ACT 2017
  • CRIMINAL JUSTICE (CORRUPTION OFFENCES) BILL 2017
  • CENTRAL BANK'S DEPUTY GOVERNOR SETS OUT PRIORITIES FOR 2018
  • CENTRAL BANK SOLVENCY II REPORTING WORK SHOP
  • CENTRAL BANK'S DEPUTY GOVERNOR DELIVERS SPEECH TO INSURANCE IRELAND ON INNOVATION AND INSURANCE
  • EUROPEAN PARLIAMENT'S COMMITTEE ON ECONOMIC AND MONETARY AFFAIRS (ECON) SEEKS TO POSTPONE APPLICATION DATE OF IDD
  • EUROPEAN SUPERVISORY AUTHORITIES (ESA) ISSUES UPDATED Q&As ON PRIIPs KID
  • EFTA COURT CONSIDERS COMPATIBILITY OF RIGHT TO CHOOSE LAWYERS UNDER LEGAL EXPENSE INSURANCE CONTRACTS WITH FREEDOMS SET OUT IN SOLVENCY II
  • PROVISIONAL APPLICATION DATE OF EU AND US BILATERAL AGREEMENT ON INSURANCE AND REINSURANCE
  • EIOPA CONSULTS ON SECOND SET OF ADVICE FOR THE REVIEW OF THE SOLVENCY CAPITAL REQUITEMENTS
  • EIOPA IDENTIFIES A SEARCH-FOR-YIELD TREND IN INSURERS' INVESTMENT BEHAVIOUR
  • EIOPA PUBLISHES PAPER ON COMMON SUPERVISORY CULTURE
  • EIOPA SPEECH ON REGULATORY AND SUPERVISORY PRIORITIES FOR 2018
  • GFIA PUBLISHES ITS ANNUAL REPORT FOR 2016-2017

IN DOMESTIC NEWS...

CENTRAL BANK RELEASES CONSULTATION PAPER ON THE AUTHORISATION AND SUPERVISION OF THIRD COUNTRY INSURANCE BRANCHES

On 13 November, the Central Bank released Consultation Paper 115 to highlight its position and expectations on the authorisation and supervision of third-country insurance branches. The consultation paper is divided into four parts: policy, a regulatory handbook, actuarial concerns and guidance on completing and submitting applications for authorisation.

To view the full article please click here.

This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.