Consultation outcome

Insurance Linked Securities: consultation

This consultation has concluded

Detail of outcome

The responses received from this consultation have fed into a second consultation’s finding, published at Autumn Statement 2016. The second consultation can be found below:

Original consultation

Summary

Seeking views on a new regulatory framework for Insurance Linked Securities.

This consultation ran from
to

Consultation description

This consultation seeks views on a new regulatory and tax framework for Insurance Linked Securities (ILS) business in the UK. ILS is now an important part of the global specialist reinsurance market.

At the March 2015 Budget, the Chancellor announced that the Treasury would work with the PRA, FCA and the London insurance market to design a new framework which would attract ILS business to the UK. The ILS project is aimed at helping the UK maintain its position as leading global hub for specialist reinsurance.

This consultation will run until 29 April 2016.

Documents

Insurance linked securities: consultation document

Published 1 March 2016
Last updated 18 January 2017 + show all updates
  1. Updated with the consultation's response
  2. First published.