Extension of COVID-19 company law measures

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The "interim period" of the Companies (Miscellaneous Provisions) (Covid-19) Act 2020 (the 2020 Act) has been extended to 9 June 2021. The Act makes temporary amendments to the Companies Act 2014 and the Industrial and Provident Societies Act 1893 to address issues arising as a result of COVID-19.

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Financial Services Regulation and Compliance - Insurance Dec 2020

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Domestically, the CBI published an interim report of its differential pricing review, its quarterly insurance letter for Q4 2020, and the CBI webpage on the Temporary Run-off Regime is now live; At European level, EIOPA published a report on sanctions under the Insurance Distribution Directive.

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Financial Services Regulation and Compliance - Funds Dec 2020

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Domestically, the CBI launched a consultation on performance of fee guidance and has issued some clarification in respect of the outcome of its thematic review of the implementation of its framework for governance, management and oversight in fund management companies; At European level, ESMA further updated its reporting instructions under the Regulation on Money Market Funds.

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