10 Apr 2020
Distribution of profits; reporting; conduct issues; business interruption; key prudential, conduct and governance considerations
The impact of the COVID-19 pandemic has been felt across all business sectors. Some particular issues apply to regulated firms and in particular those in the insurance sector. Regulatory responses have mainly been aimed at reminding firms of existing obligations rather than introducing new ones, although firms should read between the lines of the expectations being communicated. In this newsletter we discuss some of the key messages from EIOPA and UK regulators and associated developments.
This material is provided for general information only. It does not constitute legal or other professional advice.
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