In this issue: UK – Update on the Transition to the New Regulatory Regime; Europe – Solvency II update; Europe – IMD II publication; US – Credit for Reinsurance Reform; US – NAIC Update: Summer National Meeting; US – Amendments to California's Insurance Holding Company System Regulatory Act; US – CFTC and SEC Final Rules Distinguishing Insurance from Swaps; Global – Insurance Brokers Face Storm Clouds over US Sanctions; Global – Canada, Isle of Man, Luxembourg and Poland sign up to Multinational Memorandum of Understanding; China - CIRC Relaxes Restrictions on Permitted Investments by Insurance Companies; Hong Kong – Personal Data (Privacy) (Amendment) Ordinance; Bermuda – Is the UK Takeover Code bound for Bermuda?

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