Guidance

Draft Solvency II and Insurance (Amendment etc) (EU Exit) Regulations 2018

Draft statutory instrument, which will make amendments to retained EU law related to the implementation of the Solvency II legislation in the UK. These amendments will be made under the EU (Withdrawal) Act.

Documents

Draft Solvency II and Insurance (Amendment etc) (EU Exit): draft statutory instrument

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Details

This SI addresses deficiencies in retained EU law for the prudential regulation of the insurance sector that arise from the UK’s withdrawal from the EU. It seeks to ensure that the legislation continues to operate effectively from exit. The draft SI itself is provided, alongside an explanatory policy note. HM Treasury intends to lay this SI before Parliament in the autumn.

Published 9 October 2018
Last updated 11 October 2018 + show all updates
  1. Updated summary and details and with Draft Solvency II and Insurance (Amendment etc) (EU Exit): draft statutory instrument.
  2. First published.