This report reviews regulatory updates in August for life insurance companies. We note items published by the European Insurance and Occupational Pensions Authority (EIOPA), Prudential Regulation Authority (PRA), and Financial Conduct Authority (FCA), the Bank of England (BoE) and His Majesty’s Revenue and Customs (HMRC). Details include: 

• EIOPA publishes its Q&A on regulation
• The PRA asks firms to ensure their details are up to date
• The BoE considers enabling innovation through a digital pound
• HMRC publishes consultation on draft tax regulations regarding structural assets in long-term business
• FCA to conduct joint review of the Advice Guidance Boundary with the Treasury