On 13 February 2019, the PRA published Policy Statement (PS) 3/19, which sets out the PRA’s final policy on updating periodic fees and transaction fees for insurers. Notably PS3/19 implements a substantial increase in Part VII FSMA regulatory transaction fees. This change will come into effect on Friday 1 March 2019. The Part VII transaction
Tag Archives: fees
US: Turning The Tables – Hogan Lovells Recovers More Than $625,000 In Attorneys’ Fees From Plaintiff’s Counsel for Frivolous Bad Faith Suit
It happens all too often, or at least it feels like it does. Your client is named as a defendant in a case that you know has no merit. You tell the plaintiff that they have no case and, after they ignore you, you move to dismiss. But low pleading thresholds, broad allegations and some
France: Life insurance – research of beneficiaries
When informed of the death of the insured, the insurers are required by law to find the beneficiary, and if this research succeeds, to inform the latter of the stipulation made in his favour (article L. 132-8). Following the review of the market practice, the French banking and insurance supervisory authority (ACPR) has issued a