UK FSA review of the client money rules for insurance intermediaries
On 28 August 2012, the UK’s Financial Services Authority, which is an independent non-governmental body that regulates the financial services industry in the UK, including insurers and insurance intermediaries, published a consultation paper that includes proposals to amend the rules on how insurance firms deal with client money.
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Briefings from Debevoise & Plimpton
The year 2012 will probably be remembered in the annals of FCPA history as the year of the Guidance.
On 18 December 2012, the lower house of India’s parliament cleared the Companies Bill 2012, in a significant step towards replacing the more than 50-year-old Companies Act 1956.