There is no doubt that you have heard a lot about the Insurance Distribution Directive (‘IDD') and the changes that this will bring along. Despite all this, what have you done about it?

The Insurance Distribution Directive ("IDD") was published on the Official Journal of the European Union ("OJ") on the 2nd February 2016.

The framework for third pillar pensions was announced during the last Budget in November however since then no products have been launched.

EIOPA published a supervisory statement on the management of non-affirmative cyber exposures.

The client is currently engaged in a process of transitioning their financial reporting to adhere to the IFRS17 format. This upgrade must be accomplished while ensuring uninterrupted productivity...

On 28th March 2024 the Malta Financial Services Authority (the "MFSA") issued a Circular and Feedback Statement on the amendments to the Companies Act (Cell Companies Carrying on Business of Insurance)...

On the 8th January 2025, the directive establishing a framework for the recovery and resolution of insurance and reinsurance undertakings, better known as the Insurance Recovery...

On the 24th May, 2018, the European Commission tabled a proposal to the European Parliament and Council regarding the introduction of a number of amendments ...

On the 2 February 2021, the Financial Intelligence Analysis Unit (FIAU) issued an interpretative note aimed to those persons carrying on insurance intermediary activities.

On 28th March 2024 the Malta Financial Services Authority (the "MFSA") issued a Circular and Feedback Statement on the amendments to the Companies Act (Cell Companies Carrying on Business of Insurance).

Following two extensive surveys carried out with the EU national competent authorities, EIOPA issued the results of its findings on the impact of the IDD on consumers...

Further to this Consultation Document, the MFSA has issued a feedback statement on the comments received in relation to the proposed amendments to the Insurance Business Act and Insurance Intermediaries Act.

In the digital age, insurance companies are not only guardians of financial protection but also stewards of sensitive customer data. With the advent of the Digital Operational Resilience Act (DORA)...

In December 2023, the Accountancy Profession (General Accounting Principles in respect of certain Eligible Entities related to the business of Insurance) Regulations (the "Regulations")...

Issue 41 of the Insurance and Pension Law Newsletter is now available.

EIOPA: supervisory convergence plan for 2023

Following the application of the Conduct of Business Rulebook to the insurance sector on the 1st October 2018

Legal Notice 107 of 2020 (the 'Legal Notice') has recently introduced important changes and clarifications to the Maltese 'Processing of Data Concerning Health for Insurance Purposes Regulations'...

In the digital age, insurance companies are not only guardians of financial protection but also stewards of sensitive customer data.

In cooperation with the EIOPA, the MFSA has launched a thematic review of market conduct addressed at insurance undertakings operating in the unit-linked life insurance market.