Insurance Notes
Tag: simr
Showing 7 out of 7 results
Near-final rules for extension of SMCR to insurers and brokers published
Near-final rules for the extension of the Senior Managers & Certification Regime (SMCR) to all financial services firms, including insurers and …
EXTENDING THE SENIOR MANAGERS AND CERTIFICATION REGIME TO INSURERS
The UK Senior Managers and Certification Regime (SMCR) is being extended to all financial services firms during 2018. PRA and FCA proposals applying to …
PRA consults on amendments to the Senior Insurance Managers Regime (SIMR)
The PRA has published a consultation paper (CP8/17), which includes proposed amendments and optimisations to the Senior Insurance Managers Regime …
PRA - strengthening individual accountability in banking and insurance (PS12/17)
On 12 May 2017, the PRA published PS12/17 "Strengthening individual accountability in banking and insurance: amendments and optimisations (and associated …
Key governance developments - "at a glance" guide for insurers
The governance landscape for insurers continues to develop following the introduction of the Senior Insurance Managers Regime last year and PRA …
A new regime for senior insurance managers: changes to the approved persons regime for Solvency II firms
In November 2014, the PRA and the FCA proposed wide-ranging reforms of the Approved Persons Regime (APR) for insurers and reinsurers. The PRA will …
Solvency II and Non-Executive Directors
The PRA and FCA have confirmed their approach to non-executive directors (NEDs) under the Senior Insurance Managers Regime (SIMR). Some …