Today, the Prudential Regulation Authority (PRA) published consultation paper (CP) 15/24 proposing reforms to the UK Insurance Special Purpose Vehicle (UK ISPV) regulatory framework, through a combination of changes to the finalised PRA rules and policy materials also published today in policy statement (PS) 15/24 that will replace Solvency II assimilated law.
The PRA consults on reforms to the UK Insurance Special Purpose Vehicle regulatory framework
Today, the Prudential Regulation Authority (PRA) published consultation paper (CP) 15/24 proposing reforms to the UK Insurance Special Purpose Vehicle (UK ISPV) regulatory framework, through a combination of changes to the finalised PRA rules and policy materials also published today in policy statement (PS) 15/24 that will replace Solvency II assimilated law.
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