News & Analysis as of

Insurance Industry Financial Crimes

J.S. Held

Fidelity Investigations: A Comprehensive Guide to Successful Claims Outcomes – Second Edition

J.S. Held on

Introduction: Understanding Fidelity Investigations - Fidelity / Crime / Financial Institution Bonds, in a general sense, cover an insured from the willful theft of property, money, and securities by one of their employees...more

Ballard Spahr LLP

Citing CFPB cutbacks, Pennsylvania Governor is beefing up consumer protection efforts

Ballard Spahr LLP on

Citing cutbacks at the federal level, Pennsylvania Governor Josh Shapiro has launched a new centralized consumer protection hotline, website and email address to make it easier for state residents to report allegations of...more

American Conference Institute (ACI)

[Virtual Event] AML & OFAC for the Insurance Industry - January 21st, 8:45 am - 5:00 pm EST

ACI’s Virtual Forum on AML & OFAC Compliance for the Insurance Industry offers one day of key insights, strategic knowledge, and actionable solutions to ensure that your business avoids costly sanctions and ensures compliance...more

A&O Shearman

Key Regulatory Topics: Weekly Update 13 December 2019 - 19 December 2019

A&O Shearman on

CAPITAL MARKETS - Please see Conduct for an update on the IOSCO report on conflicts of interests and risks during the debt capital raising process - FCA publish Primary Market Bulletin - On 17 December 2019, the FCA...more

A&O Shearman

Key Regulatory Topics: Weekly Update 6 December 2019 - 12 December 2019

A&O Shearman on

BREXIT - Please see the Consumer/Retail section for an update on the FCA’s Quarterly Consultation Paper, which discusses Brexit-related changes to the Handbook & new EU binding technical standards (BTS) following the...more

A&O Shearman

Key Regulatory Topics: Weekly Update 22 to 28 November 2019

A&O Shearman on

CONDUCT - FCA guidance on approving financial promotions - On 26 November, the FCA published guidance on approving financial promotions for unauthorised persons. The guidance sets out some practical implications of the...more

A&O Shearman

Key Regulatory Topics: Weekly Update 15 November 2019 - 21 November 2019

A&O Shearman on

BREXIT - EC outlines plans for sustainable finance and proposes extension to the temporary equivalence regime for UK CCPs post-Brexit - On 15 November, the EC published a speech by Mr Dombrovskis, European Commissioner...more

A&O Shearman

Key Regulatory Topics: Weekly Update 8 - 14 November 2019

A&O Shearman on

UPCOMING SEMINARS - Convergence, divergence and disturbance: What’s next for financial regulation in Europe? On 19 November, 8.30am to 9.30am, a panel of A&O’s European regulatory partners will discuss issues facing their...more

A&O Shearman

Key Regulatory Topics: Weekly Update 11 – 17 October 2019

A&O Shearman on

BREXIT - Brexit negotiations - On 17 October, the UK government and the EC reached an agreement on a revised Protocol on Ireland/Northern Ireland to the Withdrawal Agreement, and a revised political declaration on the...more

A&O Shearman

Key Regulatory Topics: Weekly Update 13 September 2019 - 19 September 2019

A&O Shearman on

BREXIT - Preparing for Brexit in financial services: the state of play On 16 September, the Chief Executive of the FCA, Andrew Bailey, delivered a speech on the state of play of preparations for Brexit in the financial...more

Pillsbury - Policyholder Pulse blog

As Investment in ESports Grows, Insurance Coverage Must Keep Up

Packed stadiums? Check. Players and teams with huge followings? Check. Massive social media appeal? Check. But here, the events that spectators are so eager to attend aren’t live basketball or football games....more

A&O Shearman

Key Regulatory Topics: Weekly Update 19 July– 25 July 2019

A&O Shearman on

BREXIT - Draft Over the Counter Derivatives, Central Counterparties and Trade Repositories (Amendment etc and Transitional Provision) (EU Exit) (No. 2) Regulations 2019 laid before Parliament On 25 July, the draft Over the...more

A&O Shearman

Key Regulatory Topics: Weekly Update 12 July 2019 - 18 July 2019

A&O Shearman on

BREXIT - EEA Joint Committee Decisions - On 18 July, four Decisions of the EEA Joint Committee made on 29 March and five Decisions made on 11 April that amend Annex IX (Financial Services) to the EEA Agreement were...more

A&O Shearman

Key Regulatory Topics: Weekly Update 28 June 2019 - 4 July 2019

A&O Shearman on

FOS consultation on future funding - On 2 July, the Financial Ombudsman Service (FOS) published a consultation paper on the future of its funding. The FOS proposes to: (i) rebalance the proportion of the income received...more

A&O Shearman

Key Regulatory Topics: Weekly Update 17 May - 23 May 2019

A&O Shearman on

CAPITAL MARKETS - ESMA updates Q&As on the Benchmarks Regulation (BMR): May 2019 On 23 May, ESMA published an updated version of its Q&As on the BMR. The purpose of this document is to promote common, uniform and...more

A&O Shearman

Key Regulatory Topics: Weekly Update 25 January to 31 January 2019

A&O Shearman on

BREXIT - FMLC paper on issues of legal uncertainty arising in the context of emissions allowances after Brexit On 31 January, the FMLC published a paper identifying issues of legal uncertainty in the context of emission...more

WilmerHale

The FCA's First Annual Financial Crime Survey Results

WilmerHale on

On 13 November 2018 the UK Financial Conduct Authority (FCA) published its inaugural report analysing data gathered from over 2,000 firms - including all UK-based banks and building societies - in response to the FCA’s first...more

A&O Shearman

Key Regulatory Topics: Weekly Update 10 August 2018 – 16 August 2018

A&O Shearman on

BREXIT - Please see the ‘Other Developments’ section for an update on the minutes of the meeting between the Governor of the BoE and the Chancellor of the Exchequer on the June Financial Stability Report....more

A&O Shearman

Allen & Overy's weekly update on Key Regulatory Topics 13 July - 19 July 2018

A&O Shearman on

BREXIT - FCA speech and new webpage on approach to Brexit - On 19 July, the FCA published a speech given by Nausicaa Delfas, FCA Executive Director of International, on the FCA's approach to Brexit. ...more

A&O Shearman

Allen & Overy's weekly update on Key Regulatory Topics - 4 May 2018 – 10 May 2018

A&O Shearman on

BREXIT - UK Government response to HoL EU Committee report on Brexit and future of financial regulation and supervision - On 9 May, the UK Government published its response to the HoL EU Sub-Committee on Financial...more

Hogan Lovells

UK: Treasury Commons Select Committee Economic Crime Inquiry

Hogan Lovells on

On 29 March 2018, the Treasury Commons Select Committee (the “Committee“) announced an inquiry into economic crime in the UK.  The inquiry will have two strands...more

A&O Shearman

Key Regulatory Topics: Weekly Update (23 Feb - 1 March 2018)

A&O Shearman on

BREXIT - UK Government response to HoC Treasury Committee report on transitional arrangements - On 27 February, the HoC Treasury Committee published the UK government's response to the Committee's report on transitional...more

A&O Shearman

Key Regulatory Topics: Weekly Update - 9 February 2018 - 15 February 2018

A&O Shearman on

Insurance Europe publishes papers on avoiding Brexit cliff-edge risks - On 9 February, Insurance Europe published a paper calling for an agreement between the UK and the EU on the transitional arrangements that should...more

A&O Shearman

Key Regulatory Topics: Weekly Update - 13 October 2017 – 19 October 2017

A&O Shearman on

BREXIT - Please see the Financial Crime section for an update on the new Sanctions and Anti-Money Laundering Bill which is presently being considered by the UK Parliament in preparation for Brexit. TheCityUK publishes...more

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