This CP sets out proposed amendments and optimisations to the SIMR. It also includes a proposal to strengthen governance through requiring insurers to take steps to encourage board diversity -
Chapters 2 and 3 of this CP are relevant to all Solvency II insurance firms, and to large non-Directive firms (large NDFs). Chapter 4 of this CP is relevant to banks, building societies, credit unions, and PRA designated investment firms.
The consultation on the proposals in Chapters 2 and 3 closes on Friday 22 September 2017.
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