CP24-03 Update to the Insurance Regulations and Insurance Special Purpose Vehicles Regulations

Closed 17 May 2024

Opened 3 Apr 2024

Overview

The purpose of the consultation is to obtain views in relation to the Authority’s proposals to update and integrate the Insurance Regulations 2021 with simplified elements of the Insurance (Special Purpose Vehicles) Regulations 2015 and Guidance Notes for Insurance Special Purpose Vehicles into a combined single document: the Insurance Regulations 2024. The consultation also includes additional proposals relating to fast-track authorisation, regulatory sandboxing and potential restrictions on activities undertaken alongside regulated insurance activities.

Why your views matter

The purpose of the consultation is to obtain views in relation to the Authority’s proposed amendments.

What happens next

Once the consultation has closed the Authority will consider the responses and, if appropriate, will progress to finalise and make the Insurance Regulations 2024.

Areas

  • All Areas

Audiences

  • Selected stakeholders

Interests

  • Legislation
  • Policies, strategies & plans