This article summarises the post-Brexit position regarding inbound and outbound recognition of insolvency and restructuring proceedings between the UK and the EU.
1 MAR 2021In this article the authors consider the changes introduced by Financial Services and Markets Act 2023 to enhance the insolvency framework and tools available in relation to distressed insurers – and the proposed new UK Insurance Resolution Regime which is intended to provide the Bank of England with enhanced powers to manage the failure of systemically important insurers.
31 MAR 2024