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Article 26 mai 2020
Financial institutions feeling direct pressure to address climate change concerns
Since our last article on climate change considerations, perception has moved to a recognition that climate risks affect all sectors, including financial institutions.
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Article 2 mar 2020
Professions and Financial Lines Brief: latest decisions March 2020
In this briefing, we consider the latest significant court decisions impacting claims arising from professional liability and financial lines policies and products. Issues covered include: trustee and fiduciary duties, the applications of CPR Parts 36 and 25, confirmation by the Court of Appeal that no credit is to be awarded to allegedly dishonest parties and further clarification on the jurisdiction of US securities claims.
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Article 17 fev 2020
Financial lines carriers face big challenges in insuring cannabis business
The legalisation of cannabis in certain parts of the world presents both big challenges and big opportunities for insurers.
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Article 26 nov 2019
Insights from the Bank of England’s and Financial Conduct Authority’s joint report on machine learning
Machine learning is a sub-category of artificial intelligence whereby computer programmes develop predictive models or recognise patterns from data, with limited or no human intervention. In October 2019 the Bank of England and Financial Conduct Authority produced a report which outlines the findings from a joint survey they conducted earlier this year, the aim of which was to better understand the current use of ML in UK financial services.
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Article 19 set 2019
Cryptoassets: FCA publishes Guidance on regulation of cryptoassets
The Financial Conduct Authority (FCA) has recently issued its Final Guidance on Cryptoassets (Guidance PS19/22) to clarify which cryptoassets fall within the UK regulatory perimeter, and in doing so has identified a new category of cryptoasset.
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Article 5 jun 2019
Cryptoassets: developments in UK regulation
In our article of March 2018 we considered whether regulation of cryptocurrencies was on the horizon. The creation of a UK Cryptoassets Taskforce has brought this horizon closer into view, but this space remains unregulated in the UK - with some limited exceptions.
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Article 21 jan 2019
The UK Corporate Governance Code 2018: avoiding failure, fraud and scandal
A rise in anti-globalisation and anti-business sentiment in the years following the financial crisis and apparent corporate governance failings in companies have forced the government to address these issues by introducing a new Corporate Governance Code 2018.
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Report 17 jan 2019
London Market Forecast 2019
In a global insurance environment facing change at an unprecedented rate, the London Market’s experience and expertise remains reassuringly consistent. As 2019 promises to continue down this evolutionary path, we offer our predictions on some of the London Market’s priority areas.
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Article 8 mar 2018
D&O trends and predictions for 2018
We take a look at the current trends and what we expect to see more of in 2018 - including the increasing pressure on directors and officers to strengthen cyber security and protect corporate data, limit bribery and corruption - as well as looking at the less common exposures in the climate and environmental damage risk space.
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Article 5 mar 2018
Cryptocurrency: is UK regulation on the horizon?
Cryptocurrency has been hailed by its proponents as the future of finance. However, the volatile nature of cryptocurrencies has drawn the attention of regulators and governments both in the UK and abroad.