This section seeks to clarify the regulatory impact on the UK based and EU based insurance firms in the wake of Brexit. This section will cover regulatory permissions, temporary permission regimes, actions required should an insurer or insurance intermediary decide to stop selling in a specific jurisdiction and the potential impact of not having the correct regulatory permissions.
The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.