Government to Reform Regulation of the UK Insurance sector
27 October 2020
On Monday 19 October, HM Treasury issued two papers on regulatory reform after Brexit. The first paper, a Call for Evidence, seeks industry views on how to tailor the prudential regulatory regime under Solvency II to better support the unique features of the UK insurance sector. The second paper, a consultation, launches the next phase of the Future Regulatory Framework (FRF) Review, which considers how the UK's regulatory framework for financial services could be adapted for the UK's post-Brexit future.
Clifford Chance
