Consultation Responses

Consultation 2018

AFM responses to a range of consultations from regulators and other policymakers.  We concentrate on proposals that are likely to have a material affect on our members or on the mutual business model.

• Response to PRA CP2/18 on regulatory reporting
• Response to FCA paper on its approach to competition
• Response to FRC on revisions to the UK corporate governance code
• Response to FCA paper 'Our future approach to consumers'
• Response to FCA CP17/36, FSCS funding review
• Response to FCA CP17/38, regulatory fees and levies

Consultation 2017

• AFM response to FCA CP17/33, Implementing the IDD (3)
• AFM response to FCA occassional paper on the Ageing Population and Financial Services
• AFM response to PRA CP14/17, extension of SM&CR to insurers
• AFM response to FCA CP17/25, extending SM&CR to insurers
• AFM response to PRA CP16/17, regulatory fees and levies
• AFM response to FCA CP17/23, IDD implementation (2)
• AFM response to FCA CP17/32, Quarterly consultation
• AFM response to FCA consultation on asset management remedies
• AFM response to PRA consultation on optimisations to SIMR, CP8/17
• AFM response to EIOPA on advice to the European Commission on the Solvency 2 Directive
• AFM response to FCA on IDD implementation 1
• AFM response to EIOPA consultation 17-001, on Insurance-Based Investment Products under IDD
• AFM response to FCA consultation on FSCS funding
• AFM response to government Green Paper on Improving Lives
• AFM rersponse to BEIS green paper on Corporate Governance
• AFM response to FCA Mission

2016

AFM has made the following consultation responses this year:

• AFM response to FRC on changes to PN20
• AFM response to Treasury Select Committee on inquiry into EU insurance regulation
• AFM response to FCA on Mutual Deferred Shares
• AFM response to Treasury on Mutual Deferred Shares (September 2016)
• AFM response to FCA on changes to disclosure resulting from PRIIPs
• AFM response to PRA on external audit of Solvency 2 public reporting (July 2016)
• AFM response to IAIS on the Regulation and Supervision of Mutuals
• AFM response to HMRC on part surrenders and part assignments of life insurance policies
• AFM response to PRA on CP18/16, reporting requirements for non-directives
• AFM response to call for evidence from the Commission on Dormant Accounts
• AFM response to PRA on CP13/16, Solvency 2: remuneration requirements
• AFM response to FCA on TR16/2, fair treatment of longstanding customers
• AFM response to PRA on CP10/16, PRA fees and levies
• AFM response to FCA on increasing transparency and engagement on renewal of general insurance
• AFM response to PRA on external audit of public disclosures under Solvency 2
• AFM response to HMRC on large businesses transparency strategy

2015

• AFM response to Treasury on lifestyling CTFs
• AFM response to PRA on audit committee requirements
• AFM response to FRC on enhancing confidence in audit
• AFM response to PRA on SIMR for non-directive firms
• AFM response to PRA on prudential regime for non-directive firms
• AFM response to FCA on changes to the Approved Persons Regime for non-directives
• AFM response to PRA on board responsibilities
• AFM response to PRA on UK GAAP and Solvency 2
• AFM response to FCA and PRA on whistleblowing
• AFM response to PRA on SIMR for non-directive firms
• AFM response to FCA on changes to approved person regime for non-directive firms
• AFM response to FCA and PRA on changes to approved persons regime for Solvency 2 firms
• AFM response to PRA and FCA consultation, approach to NEDs
• AFM response to FRC on audit and ethics
• AFM response to Law Commission on stutory repeals
• Combined industry response to HMRC on guidance for CTF to JISA transfers
• AFM response to PRA on Solvency 2 implementation
• AFM response to PRA on Senior Insurance Managers regime
• AFM response to FCA on Approved Persons regime
• AFM response to FCA consultation on regulatory capital instruments, CP14/23

2014

• AFM response to HMRC on changes to Child Trust Fund and Junior ISA
• AFM response to PRA consultation CP22/14, PRA's approach to with-profits
• AFM response to PRA consultation CP21/14, policyholder protection
• AFM response to PRA consultation CP14/16, transposition of Solvency 2
• AFM Response to GC14/3: Retail Investment Advice
• AFM response to HMT consultation on Solvency 2
• AFM response to HMT consultation on freedom and choice in pensions
• AFM response to FRC consultation on changes to the UK Corporate Governance Code
• AFM letter to HMRC regarding Common Reporting Standards
• AFM response to ABI consultation on unit linked funds
• AFM response to PRA CP2/14, PRA rulebook
• AFM response to FRC on Risk Management and Going Concern
• AFM response to FCA consultation on new options for fee-raising

• AFM response to FRC on Directors' Remuneration
• AFM response to PRA consultation CP09/13, Solvency 2 guidelines
• AFM response to FRC exposure draft on the strategic report
• AFM response to FRC consultation on FRS103
• AFM response to IASB exposure draft on insurance contracts
• AFM response to CP13/9, c13- investing in authorised funds through nominees
• AFM comments on FATCA Crown Dependency agreements
• AFM response to Treasury consultation on the Child Trust Fund
• AFM response to EIOPA consultation CP13-011, pre-application for internal models (on request)
• AFM response to EIOPA consultation CP13-010, reporting (on request)
• AFM response to EIOPA consultation CP13-009, forward looking assessment of risk (on request)
• AFM response to EIOPA consultation CP13-008, systems of governance (on request)
• AFM response to EC consultation on mutual societies
• AFM response to DP13/1, Transparency
• AFM response to C21 leadership
• AFM response to CP12/38
• AFM letter to HMRC re changes to Qualifying Policies
• AFM response to CP12/35, temporary product intervention

2012

• AFM response to CP12/28, regulatory fees and levies
• AFM response to a new approach to financial regulation, Dec 12
• AFM response to FATCA IGA
• AFM response to time apportioned reductions
• AFM response to CP12/27 c2 (Holloway under RDR)
• AFM response to CP12/13 (Transposition of Solvency II)
• AFM response to Treasury on Qualifying Policies
• AFM response to financial sector resolution
• AFM response on future of building societies
• AFM response to CP12/10, Product Projections
• AFM response to CP12/11, C4. Insurance Modification
• AFM response to changes to UK Corporate Governance Code
• AFM response to CP12/07, FSCS rule changes
• AFM response to TSC inquiry on corporate governance
• AFM response on FATCA regulations
• AFM response to future of Financial Reporting
• AFM response to CP12/3, Regulatory fees
• AFM response to Treasury consultation on Solvency II
• AFM response to CP11/22, Transposition of Solvency II
• AFM response to EIOPA consultation on the ORSA (on request)
• AFM response to EIOPA consultation on reporting (on request)
• AFM response to CP11/26, legacy assets
• AFM response to CP11/25, RDR
• AFM response to call for evidence, mutualisation (on request)