This is the May 2014 edition of the Arthur Cox Insurance
Regulatory Update, the monthly bulletin of the Arthur Cox Insurance
Group. The Update contains a summary of recent developments in
insurance regulation, law and practice. Topics covered include the
Central Bank's publication of Reserving Requirements for
Non-Life Insurers, and Non-Life and Life Reinsurers, the
publication of the Data Protection Commissioner's 2013 Annual
Report, the Address by the Central Bank's Head of Consumer
Protection to the Institute of Banking's Certified Bank
Director CPD Seminar, the Bank of England's indication that it
will hold Insurance Executives to account, the publication of
Omnibus II in the Official Journal, EIOPA's publication of a
discussion paper on Conflicts of Interest, EIOPA's initiation
of a "Comply or Explain" Process on Guidelines on
Complaints Handling by Insurance Intermediaries, EIOPA's
introduction of a new format for its Financial Stability Report,
and Insurance
