The Financial Conduct Authority is consulting on proposed changes to the FCA Handbook in respect of the new regulatory framework for insurance linked securities: see here (pdf). It is proposed, amongst other things, that insurance special purpose vehicles should be subject to SYSC 3 and that the Principles for Businesses should be amended to include activities directly arising out of the new regulated activity of insurance risk transformation.
Friday, 3 February 2017
UK: insurance linked securities - FCA consults on Handbook changes
The Financial Conduct Authority is consulting on proposed changes to the FCA Handbook in respect of the new regulatory framework for insurance linked securities: see here (pdf). It is proposed, amongst other things, that insurance special purpose vehicles should be subject to SYSC 3 and that the Principles for Businesses should be amended to include activities directly arising out of the new regulated activity of insurance risk transformation.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment