Tom Bolt has reiterated Lloyd's guidance for managing agents on distribution costs and broker remuneration in a bid to ensure they remain compliant with the 2010 Bribery Act.
Lloyd's performance management director Tom Bolt has reiterated Lloyd's guidance for managing agents on distribution costs and broker remuneration in a bid to ensure they remain compliant with the 2010 Bribery Act
Insurance industry representatives have met with Her Majesty's Revenues and Customs (HMRC) to discuss the potential implications of the new diverted profits tax, which is due to come into force on 1 April 2015.
The delegated acts for the European Union (EU)'s capital regime Solvency II officially entered into force on 18 January, following publication in the official journal of the EU the day before.
