Market leading insight for tax experts
View online issue

Insurance-linked securities regulations made

printer Mail

The draft Risk Transformation (Tax) Regulations 2017, setting out tax rules for the new special purpose vehicles allowing insurance-linked securities to be domiciled and traded in the UK, have now been laid in Parliament. Previous drafts were published for consultation in July 2017 and November 2016. These ‘qualifying transformer vehicles’ will be exempt from corporation tax and investors will be exempt from withholding tax. 

The regulatory framework for the new regulated activity of ‘insurance risk transformation’ is set out separately in the draft Risk Transformation Regulations 2017.


Issue: 1373
Categories: News