Publication
Real Estate Focus - December 2024
December has been a very busy month, with a flurry of new government policies and consultations.
In this edition of Insurance focus Tyler Dillard in our London office considers the revolution of the sharing economy and reflects on how insurers have an opportunity to benefit from this growing market.
Following the announcement that the European Commission is minded not to renew the Insurance Block Exemption regulation, Mark Tricker in our London office considers the challenges that the insurance market might face without the benefit of the competition safe-harbour.
From our Amsterdam office, Floortje Nagelkerke, Nikolai de Koning and Recep Altun consider the scrutiny of ‘integrity risk’ being undertaken by the Dutch Central Bank.
In our quarterly review of cases we include two recent cases from Australia that consider section 54 of the Insurance Contracts Act 1984; we review ‘Wellington Motions’ under the law of Quebec; from Texas we consider the scope of the Prompt Payments Act and finally, we consider the likely impact of a recent German Supreme Court case on brokers’ role in the payment of claims.
In our regular international focus section we provide updates from both the London and Australian markets.
Publication
December has been a very busy month, with a flurry of new government policies and consultations.
Publication
On 13 December 2024 the Financial Conduct Authority (FCA) published Primary Market Bulletin 53 (PMB 53) which includes confirmation of the final form of two new, and one amended, sponsor-related technical notes previously consulted on in PMB 50, and a consultation on various proposed changes to the technical and procedural notes in the FCA’s knowledge base.
Publication
The Regulator has provided a link to its dashboard webinar held on November 26, 2024, which it urges scheme trustees to watch. The Money and Pensions Service also collaborated with the Pensions Dashboard Programme to host a “town hall” dashboard event on December 2, 2024.
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