On 26 January 2021, a new Luxembourg law dated 22 January 2021 (the “2021 DLT Law”) entered into effect, amending the Luxembourg law of 6 April 2013 on dematerialised securities, and the law of 5 April 1993 on the financial sector.
The Act of 19 December 2020(1) implementing the Budget Act 2021 introduced into the Insurance Contract Act(2) a new provision to secure the outcome of insurance policies underwritten by UK insurers post-Brexit.
Validity of insurance contracts concluded by UK insurance undertakings in a post-Brexit context – Clarifications by the Luxembourg legislator
The law of 22 January 2021 (the “2021 Law”) modernises Luxembourg’s legal framework on the issuance of dematerialised securities by expressly confirming the possibility to use distributed ledger technology.
EIOPA published a paper on its approach to product oversight and governance requirements for insurance distributors and manufacturers
The aim of the New Regulation is to replace and repeal the amended CAA Regulation No. 13/01 of 23 December 2013 on the fight against money laundering and terrorist financing (the “13/01 Regulation”) following the legislative changes resulting from the implementation of EU Directive 2015/849
On 24 April 2020, the European Insurance and Occupational Pensions Authority (EIOPA) issued new guidelines on outsourcing to cloud service providers (the "Guidelines") which apply to insurance and reinsurance undertakings
Après que l’état d’urgence ait été déclaré pour une période de 3 mois, le Règlement grand-ducal du 18 mars 2020, tel que modifié, a instauré diverses mesures pour limiter autant que possible la propagation du COVID-19.
In two information notices dated April 2 and April 8, 2020, the Commissariat Aux Assurances (“CAA”) clarified the impact of a hard Brexit and the related loss of the UK’s status as a member of the European Economic Area on the application of the rules governing
Le processus de transposition de la Directive (UE) 2016/97 du Parlement européen et du Conseil du 20 janvier 2016 sur la distribution d’assurances (ci-après la Directive IDD)1 s’est révélé extrêmement complexe pour le secteur de l’assurance sur le territoire italien
