Selected recent news from the UK's prudential regulator:
On 16 December, following on from CP30/16 (covered in Digest of 12 September 2016), the PRA published PRA fees and FSCS levies for insurers - transitional approach for 2017/18: responses to CP30/16 – PS32/16. The calculations for the 2017/18 PRA fee and FSCS levy years will be based on the last set of Solvency I data received.
Following EIOPA's publication on Thursday 15 of its report of the EIOPA insurance stress test, the PRA have stated that they "will take forward the EIOPA recommendations with UK insurers as appropriate". See "European Insurance: Solvency II (19 December 2016)" for more information.
< Back to News & insight