March 2007
Insurance within Rome 1 - a consultation
This is an HMT consultation (jointly with the Department of Constitutional Affairs), launched on 5 March 2007, on the issues raised by a proposal to bring insurance generally within the scope of the Rome convention on the choice of law governing contractual obligations. The consultation - which is to inform the development of a UK negotiating position - discusses a number of possible options for the future development of rules on the choice of law for insurance (and reinsurance) contracts. The deadline for comments is 30 March.
HMT Consultation Paper
Summary provided by Bovill Ltd, specialist Financial Services Regulatory Consultants - www.bovill.com
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