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Legal Update

MamoTCV contributes to the 7th Edition of The Insurance and Reinsurance Law Review

MamoTCV has contributed to the 7th Edition of The Insurance and Reinsurance Law Review which was published in April 2019. This review has been edited by Peter Rogan (Ince Gordon Dadds LLP) and provides an overview of the legal and regulatory regime for (re)insurance undertakings and intermediaries in 30 jurisdictions.The publication provides guidance on legal and market developments in each jurisdiction aiding comparative analysis. The publication encourages a business-focused approach in comparison to standard legal guides.MamoTCV's contribution to the Malta chapter can be read or downloaded here.Disclaimer This document does not purport to give legal, financial or tax advice. Should…
MamoTCV Advocates
16th May 2019
Legal Update

EIOPA issues Recommendations for the insurance sector in light of the UK withdrawing from the EU without a withdrawal agreement.

On the 19 February, the European Insurance and Occupational Pensions Authority (EIOPA) issued Recommendations addressed to the National Competent Authorities (NCAs) providing guidance on the treatment of UK insurance undertakings and distributors with regard to cross-border services in the EU after the withdrawal of the UK from the EU without a withdrawal agreement. The Recommendations will apply as of the date following that on which the European Union's acquis ceases to apply to and in the United Kingdom.In principle, insurance contracts concluded before that date by UK insurance undertakings in the EU27 are valid after that date. However, the insurance…
MamoTCV Advocates
21st February 2019