Lloyd's Act 1981

GPTKB entity

Statements (24)
Predicate Object
gptkbp:instanceOf legislation
gptkbp:addresses solvency requirements
gptkbp:amends gptkb:Lloyd's_Act_1871
gptkbp:enactedBy gptkb:Parliament_of_the_United_Kingdom
gptkb:Lloyd's_Act_1982
gptkbp:enforces penalties for non-compliance
gptkbp:enhances transparency in operations
gptkbp:established gptkb:Lloyd's_Regulatory_Board
gptkb:Lloyd's_Central_Fund
gptkbp:facilitates international business operations
https://www.w3.org/2000/01/rdf-schema#label Lloyd's Act 1981
gptkbp:impact insurance_market_in_the_UK
gptkbp:includes provisions for financial stability
gptkbp:introduced new_governance_structure_for_Lloyd's
gptkbp:is_essential_for Lloyd's_market_participants
gptkbp:is_part_of UK_insurance_law
gptkbp:is_used_in legal cases regarding insurance
gptkbp:mandates auditing of accounts
gptkbp:operates_in gptkb:Financial_Conduct_Authority
gptkbp:provides regulatory_framework_for_Lloyd's
gptkbp:relatedTo gptkb:Lloyd's_of_London
gptkbp:requires annual financial reports
gptkbp:supports market stability
gptkbp:yearEstablished 1981