The PRC Social Insurance Law 2011 introduced a new regime to regulate the five social insurance schemes. This briefing outlines how the changes will affect employers and individuals including expatriate staff, the mandatory collection measures and the penalties for employers who fail to comply.
Law Firm: Eversheds | Published: 24 January 2012 | Practice Area: Contract of Employment and Statutory rights
With more money spent per head on insurance premiums in Switzerland than any other country, the first overhaul of Switzerland's Insurance Contract Act in 100 years is causing much discussion. Writing exclusively for Legal Week, Christian Lang and Zsuzsanna Kunszt provide the details.
Law Firm: Prager Dreifuss | Published: 20 January 2012 | Practice Area: Regulation and Insurance
The issue of brokers' duties is of continuing interest and utility to brokers and insurers alike. This two-part article offers a snapshot of the underlying common law duties that govern a broker's best practice and in Part 2, a practical guide to best practice for insurance brokers.
Law Firm: DLA Piper | Published: 20 January 2012 | Practice Area: Regulation and Insurance
Under the Mutual Funds (Amendment) Law, 2011 which came into force in December, certain master funds in the Cayman Islands will be subject to new regulations. This briefing explains who will be affected and what will be the impact of the regulation.
Law Firm: Mourant Ozannes | Published: 09 January 2012 | Practice Area: Regulation and Compliance
Among a number of topics, this round up of financial services news discusses the Government's response to the Independent Commission on Banking's final report and recommendations to improve stability and competition in the UK banking industry.
Law Firm: Norton Rose | Published: 05 January 2012 | Practice Area: Regulation and Compliance
The UAE has committed to constructing its very first nuclear power plant. This briefing covers the main framework developed to support the new nuclear industry in the UAE, including the creation of a regulatory body, collaboration with international entities and newly-introduced nuclear laws.
Law Firm: Habib Al Mulla & Company | Published: 03 January 2012 | Practice Area: Regulation and Enforcement
Norton Rose's quarterly bulletin on insurance issues in the Asia Pacific region covers recent legal developments that may be of interest to insurers and reinsurers operating in the region. Each profile offers detailed coverage on legislative news and relevant case notes.
Law Firm: Norton Rose | Published: 07 December 2011 | Practice Area: Regulation and Insurance
Norton Rose highlights key legislative and regulatory developments, and reviews relevant court judgments and insurance market publications. This edition looks at the FSA's consultation paper on Solvency II; EIOPA's guidelines on handling complaints; and the Motor Insurance Regulation Bill 2010-11.
Law Firm: Norton Rose | Published: 18 November 2011 | Practice Area: Regulation and Insurance
China is recognized as one of the largest car markets in the world but existing legislative restrictions have effectively blocked foreign invested insurers from tapping into the market. However, this briefing describes how this legal hurdle is expected to be lifted shortly.
Law Firm: Norton Rose | Published: 08 November 2011 | Practice Area: Regulation and Insurance
Mills & Reeve offer a review of recent insurance and reinsurance cases. Featured cases in this edition include brokers’ duties in Jones v Environcom Ltd; solicitors’ liability for breach of trust in Mortgage Express v Iqbal Hafeez Solicitors; surveyors’ liability in Capita AFS Ltd v Drivers Jonas...view abstract
Law Firm: Mills & Reeve | Published: 02 November 2011 | Practice Area: Regulation and Insurance
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