Download the Sealed Sanction Order in relation to TT Club Mutual Insurance Limited ('TTI') and UK P&I Club NV ('UKNV')'s application to the High Court of Justice of England and Wales pursuant to section 107(1) of the Financial Services and Markets Act 2000 ('FSMA').
We are writing to notify you that the hearing to sanction the insurance business transfer scheme (the ‘Scheme’) providing for the transfer of certain of the insurance and reinsurance business (comprising policies, assets and liabilities) of TTI to UK P&I Club NV (‘UKNV’) (‘Transfer’) proposed to be held on Monday 27 September 2021 has been postponed to Thursday 2 December 2021.
We are writing to notify you that the hearing to sanction the insurance business transfer scheme (the 'Scheme') providing for the transfer of certain of the insurance and reinsurance business (comprising policies, assets and liabilities) of TT Club Mutual Insurance Limited ('TTI') to UK P&I Club NV ('UKNV') ('Transfer') proposed to be held on Thursday 9 September 2021 has been postponed to Monday 27 September 2021.
NOTICE IS HEREBY GIVEN that on 27 May 2021 TT Club Mutual Insurance Limited ('TTI') and UK P&I Club NV ('UKNV') applied to the High Court of Justice of England and Wales pursuant to section 107(1) of the Financial Services and Markets Act 2000 ('FSMA') for:
While not responsible for the arrangement of cross border freight, ports and terminals in both Great Britain (GB) and the European Union (EU) are critical nodes in the international supply chain. Handling the freight at the point of export or import and in some cases becoming the border control post (BCP). The three-phase model to import changes adopted in GB means that while some changes took affect from 1 January 2021, the full range of changes will not come into force until 1 July 2021.
This regulatory notification dated 13 January 2021 is for policyholders with Italian risks and satisfies relevant requirements under Italian insurance law post-Brexit.
This regulatory notification dated 26 February 2021 is for policyholders with Belgian risks and satisfies general requirements of the Belgian regulator post-Brexit.
