Following the withdrawal of the United Kingdom from the European Union, UK authorised insurance intermediaries lost their regulatory permissions under the Insurance Distribution Directive (IDD) to carry on insurance distribution activities in respect of EU/EEA based risks and commitments.
The Indian insurance market is in an exciting phase of development. The market has always been considerably under-insured and this has always made India strategically important for international investors, but three key developments are driving further change. First, regulatory and market developments are facilitating greater M&A activity. Second, the emergence of new distribution channels is …
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Insurance is a global business that operates across every jurisdiction. Each jurisdiction has its own set of laws, rules, procedures and nuances. This article summarises basic points of law and procedure, relevant to onshore insurance disputes in the United Arab Emirates (UAE).
As one of the world’s leading financial centres, Hong Kong is home to many financial institutions and international companies. With a common law legal system, Hong Kong’s commercial law and financial regulatory system shares a historical connection to the United Kingdom. However, there are important differences and, in some respects, particularly when it comes to …
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What are the major pain points that you have experienced as GC when dealing with legal disputes? Dealing with claims against an organisation is a huge drain on resources for any team. Linking to the 80:20 principle, you don’t want to be devoting 80% of your resources to firefighting something that may be worth less …
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For several years, employers have been urged to do more to look after the mental health of their workforce. Even before the pandemic, in January 2019, mental health at work was a primary discussion topic at the World Economic Forum Annual Meeting accompanied by huge estimations of the financial impact, globally, in terms of lost …
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Companies increasingly face scrutiny of their environmental, social and governance (ESG) activities, including from investors, regulators, prosecutors, consumers, NGOs and other stakeholders. While robust ESG programmes can provide new business opportunities and other competitive advantages for companies, ESG issues also can pose legal and reputational risks, particularly when there is a gap between what companies …
Introduction Corporate governance reforms for Japanese listed companies have been accelerating in recent years. However, a tide of shareholder activism is hitting corporate Japan even harder in the era of the Covid-19 pandemic, demanding more effective governance, sustainable growth, attention to environmental and social issues, as well as decent shareholder returns. The reforms are ongoing …
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The last couple of years were difficult and challenging for all countries and the situation was no different for Brazil.
More than two years have gone by since the world confronted a new reality and a new way of living due to the Covid-19 pandemic. Social distancing policies necessitated adjustments to routines, family and work life, and economic stability as the impossibility of continuing with daily activities as usual came to the fore. All these …
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