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Why Brexit hasn’t delivered for the UK insurance industry; and Dutch football’s data quandary
12 August 2022 00:00
Duration: 21:49
The promise of Brexit, the United Kingdom’s controversial departure from the European Union, was that financial-services industries in the City of London would break free of EU red tape. However, UK regulators appear not to have received the “Brexit dividend” memo — as demonstrated by the recent clash over how much capital insurers should have in their coffers. The government had pledged to make life easier for insurers; but the industry is claiming that, under new proposals, insurers may in fact have to hold more capital than they would under EU rules. It’s a clash that’s feeding into the ruling Conservative Party’s leadership contest. Also on today’s podcast: A controversial data-protection penalty imposed on a Dutch football TV broadcaster has been overturned — but wider questions about the interpretation of the GDPR’s legitimate interests rule remain.
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01 August 2022 13:32 by Fiona MaxwellThe increasingly political debate over insurance capital cuts in the UK post-Brexit is set to become a top-agenda item
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27 July 2022 10:09 by Sam ClarkA controversial data protection fine against a Dutch football television channel has been overturned
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
Fiona Maxwell Chief Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.Connect with Fiona on Twitter.
Laurel Henning Senior Correspondent

Laurel is a senior correspondent specializing in competition law, data privacy and security, in Australia and New Zealand. Laurel reports from Sydney on criminal-cartel legislation and white-collar crime, as well as competition and consumer lawsuits involving companies including Google, Meta Platforms and Apple. While at MLex Laurel has also reported boardroom disputes and shareholder campaigns agitating for changes to company strategy. Laurel joined MLex in 2013 and reported for five years on European energy and... Read more
Sam Clark Correspondent

Sam has covered data privacy and security in the UK and Ireland for MLex since November 2021. He previously covered data protection for trade publication Global Data Review, as well as reporting on technology, media and telecoms businesses for S&P Global. He has a bachelor’s degree in history and a master’s degree in journalism, both from the University of Kent.Follow Sam on Twitter.