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4 Sep 2020, 3:58 am by CMS
Background The rule against reflective loss The rule that “reflective loss” cannot be recovered has its origins in Prudential Insurance Co Limited v Newman Industries Limited (No 2) [1982] Ch 204. [read post]
1 Jul 2020, 3:44 am by Daniel Nevzat (UK)
The CFRF, which is co-chaired by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), aims to build capacity and share best practice across financial regulators and industry to advance the sector’s approach to understanding and mitigating the financial risks, and the opportunities, posed by climate change. [read post]
26 Jun 2020, 3:03 am by Lynn Jokela
’  Since Denholm heads the audit committee that permitted the insurance arrangement, it recommends voting against her. [read post]
11 Jun 2020, 6:11 pm by Jon L. Gelman
Before retiring in 2007, after 20 years as a Supervising Judge of Workers’ Compensation, Judge Farrington served as a house counsel for the Prudential Insurance Company; and eight years as an assistant Bergen County Prosecutor, including as Chief of Trials. [read post]
4 Jun 2020, 2:00 pm by Jon L. Gelman
Before retiring in 2007, after 20 years as a Supervising Judge of Workers’ Compensation, Judge Farrington served as a house counsel for the Prudential Insurance Company; and eight years as an assistant Bergen County Prosecutor, including as Chief of Trials. [read post]
The Council is the co-ordinating body for Australia’s main financial regulatory agencies, comprising APRA, ASIC, Australian Treasury and the Reserve Bank of Australia. [read post]
26 Mar 2020, 1:34 pm by anna.middleton@thomsonreuters.com
Prudential Insurance Co., 313 F.App’x 46, 49 (9th Cir. 2009), the Ninth Circuit rejected the insurer’s attempt to rely on “unsupportable inferences from a surveillance video and reports which show the plaintiff engaging in a variety of normal day-to-day activities” and criticized the insurer’s failure to explain how activities show “she can perform the duties of her occupation. [read post]
February has also seen the welcoming of proposals from both ASIC and the Australian Prudential Regulatory Authority (APRA) as co-regulators of the superannuation industry as well as the passing of the anticipated bill broadening the scope of Australia’s Fintech sandbox. [read post]
21 Feb 2020, 10:37 am by MOTP
Texas Supreme Court continues to exempt an entire industry (the legal profession) from civil liability; lets attorneys and law firms profit from lawsuits brought to hold them accountable for wrongdoing. [read post]
26 Nov 2019, 7:23 am by Silver Law Group
According to FINRA Disciplinary actions for November 2019, the following individuals were barred from FINRA and cannot currently work for a FINRA brokerage firm for failing to provide FINRA with information it requested or to keep information current with FINRA pursuant to FINRA rules: NAME FORMER EMPLOYERS   Acree, Sandra   Fidelity Services LLC   Ader, Debra   Baker, Andrew   Suntrust Investment Services, Inc   Wells Fargo Advisors, LLC   Bermingham, Reed  … [read post]
Further information can be found in ASIC’s media release, as well as a copy of Class Order [CO 14/443] and ASIC Corporations (Amendment) Instrument 2019/1056. [read post]
2 Oct 2019, 7:01 am by Jochen Vester (UK)
On 30 September 2019, the PRA published Consultation Paper 24/19: Asset encumbrance (CP24/19).The proposals in CP24/19 are relevant to all PRA authorised firms, except credit unions and insurance firms. [read post]
These four include responses in relation to: valuations of land (recommendation 1.12); Banking Executive Accountability Regime (BEAR) product responsibility (recommendation 1.17); co-operation memorandum (recommendation 6.10); and application of the BEAR to regulators (recommendation 6.12). [read post]
1 Jul 2019, 12:46 pm by Silver Law Group
  Merrill Lynch, Pierce, Fenner & Smith Inc   Heilman, Peter   Edward Jones   High, Robert   First Financial Equity Corp   Chase Investment Services Corp   Irizarry, Melissa   LPL Financial LLC   Invest Financial Corp   LaBare, Richard   Union Capital Company   Morgan Stanley & Co Inc   Mariampolski, Arnold   AXA Advisors   Ohel, Ziv   CFD Investments, Inc   Ameriprise Financial Services, Inc  … [read post]