Publication
The robots are coming … is insurance ready for AI?
The insurance industry is founded on predicting, as accurately as possible, whether or not a risk will materialise in a fast-moving competitive environment.
Global | Publication | August 19, 2016
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On August 15, 2016 the GC100 and Investor Group (the Group) published a second edition of its directors' remuneration reporting guidance (the Guidance), which was initially published in September 2013. The second edition reflects changes resulting from a review by the Group of experience over the 2014 to 2016 AGM seasons, and feedback from companies, investors, advisers, other market participants and government. It will be reviewed on a regular basis to ensure it remains relevant and useful.
The Guidance notes that there has generally been an improvement in the quality of remuneration reporting since the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008 (as amended) (the Regulations) were introduced, but the Group believes that companies should continue to focus on clarity and conciseness. It states that remuneration committees may find it helpful to consider:
The revised Guidance notes the following:
(GC100 and Investor Group, Directors' Remuneration Reporting Guidance 2016, 15.08.16)
On August 15, 2016 the City of London Law Society (CLLS) and Law Society Company Law Committees’ Joint Working Parties on Market Abuse, Share Plans and Takeovers Code issued a second Q&A on the Market Abuse Regulation (MAR). This Q&A follows an earlier Q&A on aspects of MAR issued in July 2016.
The Q&A sets out a suggested approach to implementing certain aspects of MAR, and provides answers to questions including the following:
Market soundings (Article 11)
Stake-building on a takeover
Person discharging managerial responsibilities (PDMR) dealings (Article 19)
The Joint Working Parties note that the Q&A is an explanation of how, in their view, MAR should apply to certain practical situations, but is subject to review and amendment in the light of practice on the implementation of MAR and any relevant future UK or EU guidance published in relation to MAR.
Publication
The insurance industry is founded on predicting, as accurately as possible, whether or not a risk will materialise in a fast-moving competitive environment.
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