2
Affected Persons
2.1
For the purposes of section 377F(3) of FSMA, an affected person in relation to an insurer under write-down is:
- (1) every policyholder of the insurer under write-down;
- (2) every reinsurer of the insurer under write-down;
- (3) every trade creditor of the insurer under write-down;
- (4) every financial counterparty of the insurer under write-down;
- (5) every holder of a capital market investment issued by the insurer under write-down (or a trustee acting on behalf of such persons); and
- (6) every intermediary who has placed business with the insurer under write-down where that business may be affected by the write-down, or where the intermediary is a debtor or creditor of the insurer under write-down or holds client money in connection with such business.
- 19/09/2023