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UK’s PRA, FCA Offer Proposals On New Captive Insurance Regime For Consultation
On 14 July 2026, the UK’s Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) published Consultation Paper CP11/26 and Consultation Paper CP26/29, respectively, within which proposals, including draft rules, have been put forward for the introduction of a “tailored regime for captive insurance” in the UK (the Consultation Papers).
Skadden Arps Slate Meagher & Flom