Cyprus
Elias Neocleous & Co LLC
On 28 June 2023, the European Commission (EC) published a set of legislative proposals on payment services; on the much anticipated introduction of a digital euro...
Ireland
Arthur Cox
The Central Bank of Ireland's Regulatory Supervisory Outlook Report 2024 and accompanying Letter to the Minister for Finance were published on 29 February 2024.
Luxembourg
Arendt & Medernach
On 29 January 2024, the Commissariat aux Assurances (CAA) published Information Note 24/3 (Note), which summarises the outcomes of prudential on-site inspections that the CAA conducted in 2021 and 2022.
Malta
Finance Malta
The 1st February 2024 marked the publication by the Malta Financial Services Authority ("MFSAs") of its 9th volume from its series on ‘The Nature and Art of Financial Supervision'.
Sweden
Lindahl
The Supreme Court considers that the collapse of a roof as a result of defects in the structure of the building and the fact that snow had accumulated on it for two weeks...
Lindahl
As generative AI takes great strides forward in the business activities of more and more companies and organisations, there are several legal aspects to be aware of.
Turkey
Nazali
11/03/2024 tarihli ve 32487 sayılı Resmî Gazetede yayımlanan;
Kurucuk & Associates
In the vibrant tapestry of Turkish culture and citizenship, securing a place under the Turkish sun also entails understanding the nuances of the healthcare system.
Nazali
Sigorta Primi Genel Müdürlüğü tarafından 29/02/2024 tarihli ve Asgari Ücret Desteği Konulu 2024/3 Sayılı Genelge yayımlanmıştır.
UK
Gatehouse Chambers
Insurance and Reinsurance analysis: This Scottish case concerned whether and to what extent an injured third party can rely on an insurance policy of an insured wrongdoer where that insured...
Forsters
Setting up and running your own business is an amazing achievement. It requires vision, creativity, motivation and stamina. On occasion, it can even bring you fame...
K&L Gates
The leading English authority on arbitrator impartiality is the case of Halliburton Co v Chubb Bermuda Insurance Ltd [2021] AC 1083, a well-known case in which K&L Gates acted for Halliburton.
Travers Smith LLP
In H1 and another v W and others [2024] EWHC 382, the Commercial Court removed a sole arbitrator under section 24 of the Arbitration Act 1996 (the "Act"), on the basis that statements...
WTW
In the midst of shifting market dynamics, the retail sector faces unparalleled challenges, grappling with online competition and evolving consumer behavior.
WTW
The 2020 Paterson Inquiry highlighted issues around the adequacy of medical negligence coverage for doctors in cases of malpractice. It also raised concerns about patients...
WTW
As regulatory pressures and scrutiny from stakeholders continues to grow, having an Environmental, Social and Governance (ESG) strategy in place has become more and more important.
Weightmans
It is nearly always preferable for insurers to attend the mediation as this is likely to increase the prospect of a deal being done on the day...
European Union
CYAUSE Audit Services Ltd
Cyprus has been an EU member since 2004 and over the years it has developed and upgraded new laws and regulations in accordance to the EU standards.
WTW
In this update we analyse the current European commercial lines insurance market based on the experiences of our WTW clients.
Arendt & Medernach
On 24 January 2024, the Commissariat aux Assurances (CAA) published Information Note 24/1 on the concept of insurance intermediary in the context of group insurance contracts (Note).