PwC anticipates clarification on UK ILS plans

Further details on the work being done to bring insurance-linked
securities (ILS) business to the UK are expected to be unveiled in
this week's Autumn Statement, according to PwC.
Amendments to the Bank of England and Financial Services Bill
came before the House of Lords in the committee stage on 11
November. The draft made provisions for HM Treasury to facilitate
and regulate the establishment and operation of transformer
vehicles, as well as the trading of investments issued by such...