Regulation
French regulator warns 30,000 contracts hit by FWU Life Insurance Lux insolvency
The supervisory authority for the insurance sector in Luxembourg had communicated on 19 July and 2 August 2024 on the situation of the insurance company
French asset manager to pay €250m to investors unable to access their funds since 2020
Over 50 instances were identified where hospitality had been received by H2O employees but was not properly declared
Regulation | 6 Aug 24
FCA secures high court order for unauthorised mortgage broker to pay £4m
FCA said these ‘sham brokers preyed on vulnerable people who were struggling financially’
Lonsdale Insurance Brokers enters liquidation
Neil Bennett and Alex Cadwallader of Leonard Curtis were appointed as joint liquidators
Middle East | 1 Aug 24
UAE residents to get two-month grace period over visa violations
The grace period starts on 1 September, 2024