2015 is seeing international developments dominate regulatory change in the insurance industry. Our annual survey ‘Evolving Insurance Regulation’ once again highlights the increasingly global nature of insurance regulation and the ever greater focus on convergence.
The 2014 G20 summit will be the ninth meeting of the G20 heads of government. It will take place in Brisbane on the 15th and 16th of November and will be an opportune moment for policy-makers to reflect upon the work that has been done so far. The G20 announced that it wants to shift its attention to strengthening growth and creating jobs.
Tax morality and transparency and its political impacts have been one of the market’s hot topics recently. The OECD action plan on BEPS (Base Erosion and Profit Shifting) is one of the most pressing agenda items. It is important to understand the political nature of BEPS in order to assess its implications.