UK regulator faces independence stress-test; and European soccer has its day in court
15 July 2022 00:00
Duration: 29:45
Against the backdrop of the political turmoil affecting the UK, an interesting power dynamic is developing between the government, insurers and the central bank’s prudential regulator. Solvency II, a key piece of legislation for the insurance industry, is being overhauled and there’s a growing chasm between the government and the insurance industry on the one side, and regulators on the other. The stakes are high, with the government awarded powers to undermine anything the regulator does — powers that are prompting some soul-searching about regulatory independence. Also on today’s podcast: Judges ponder the future of European sport, with EU courts weighing up whether UEFA should be allowed special leeway to nurture grass-roots sport or whether it falls under competition laws and should allow the emergence of a rival Super League.
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Editorial Team
James Panichi Senior Editor, Asia Pacific
James, an Australian journalist with over 25 years’ experience in print and electronic media, helps to oversee MLex’s coverage of regulatory risk in Asia, with special attention to Australia and New Zealand. In 2016, James was appointed as MLex’s managing editor for continental Europe, overseeing the Brussels bureau’s coverage of EU regulatory affairs and managing a team of 16 journalists in Brussels and Geneva. Previously James worked for the European Voice newspaper, before joining the... Read more
Lewis Crofts Editor-at-Large
Lewis leads MLex's editorial strategy, content direction, quality and development. He has a reputation for breaking stories and providing analysis on complex legal disputes before regulators and courts around the globe. He has also developed MLex's unrivalled coverage of competition policy, litigation, regulation, Brexit and international investigations.A graduate of Oxford University, Lewis worked in academia at the Charles University in Prague prior to becoming a journalist.