Senior Regulatory Advisor
Claudio Xerri
Claudio Xerri
Claudio Xerri is a Senior Regulatory and Compliance Advisor in the insurance law practice unit of Mamo TCV Advocates. He regularly assists clients on compliance and regulatory matters in insurance and pensions-related matters, corporate governance matters, and other legal and regulatory matters. Before joining Mamo TCV, Claudio spent 20 years at the Malta Financial Services Authority, the last 4 of which he held the position of a Senior Manager within the Authorisation Team leading a team whose duties primarily included the processing of applications within specific timeframes, attending meetings and holding interviews with key officials of potential applicants / licenceholders in the areas of insurance and pensions. During his tenure at the MFSA he also attended seminars and participated in different EIOPA working groups. He has also provided training to the insurance market on various insurance related topics.
Education
- Bachelor of Commerce (Hons) Degree in Management from the University of Malta
- Associateship of the Chartered Insurance Institute, UK
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Address
MAMO TCV Advocates
Palazzo Pietro Stiges
103, Strait Street
Valletta, VLT 1436
Malta
Stay updated with our latest insights
The MFSA has proposed amendments to the Insurance Distribution Rules
The MFSA commenced a consultation process on its proposed amendments to the Insurance Distribution Rules (hereinafter referred to as the “IDR”). The consultation process began on the 26th of January 2023 and closes on the 8th of March 2023. The following amendments are being proposed: Chapter 1 in relation to Professional Indemnity requirements; Chapter 2, together with a proposed new draft Annex to Chapter 2 and draft Schedules 4 – 8 of Chapter 2 in relation to: (i) the pre-requisite qualifications when submitting an application for registration of individuals in the Agents Register, Managers Register or Brokers Register, (ii) the…
Group Insurance policies – ECJ Decision Revises the Definitions of ‘Insurance Intermediary’ and ‘Insurance Mediation’
In Case C-633/20 of the European Court of Justice (the ‘Court’) delivered on the 29th September 2022, the First Chamber of the Court produced a judgment (the ‘Judgment’) in response to a reference for a preliminary ruling concerning the definition of ‘insurance intermediary’ in the context of Directive 2016/97 (the ‘Insurance Distribution Directive’ or the ‘IDD’) and Directive 2002/92 (the ‘Insurance Mediation Directive’ or the ‘IMD’) and in the circumstances of the referring court’s main proceedings. The request was made in the proceedings between the Bundesverband der Verbraucherzentralen und Verbraucherverbände – Verbraucherzentrale Bundesverband eV (Federal Union of Consumer Organisations and…
Regulatory Compliance Quarterly Update | Q4 2022
We are pleased to issue our third edition of the Regulatory Compliance Quarterly Updates. These updates are intended to keep Maltese regulated entities informed of regulatory changes and developments taking place in the local financial services space. In this issue, we focus on the sector specific and cross-sectoral regulatory updates relating to Investment Services and Asset Management; Credit and Financial Institutions; Company Service Providers and Insurance Undertakings and Insurance Intermediaries. Our Regulatory Compliance Quarterly Update can be found here. Our third Regulatory Compliance Quarterly Update can be found hereThe Regulatory Compliance Quarterly Update does not purport to give legal, regulatory,financial…
