Simon Arnot Email & Phone Number

Bristol, United Kingdom

Advise companies on governance and regulatory compliance, particularly in the financial services sector, in the United Kingdom, Ireland and France. Examples:- UK governance requirements and appropriate controls and processes for a credit union based in Northern Ireland- Outsourcing compliance requirements including cyber security aspects- Irish fitness and probity and minimum competency requirements- UK F&P regime, senior insurance managers regime, certification process-… Show more Advise companies on governance and regulatory compliance, particularly in the financial services sector, in the United Kingdom, Ireland and France. Examples:- UK governance requirements and appropriate controls and processes for a credit union based in Northern Ireland- Outsourcing compliance requirements including cyber security aspects- Irish fitness and probity and minimum competency requirements- UK F&P regime, senior insurance managers regime, certification process- Conducted board governance gap analysis review for Irish reinsurance group, and advised on strengthening governance and processes- Drafted various board policies for Irish insurance entities- Provided company secretarial support; assisted in revising constitutional documentation- Advised on development of compliance tool for Solvency II governance and wider compliance requirements- Worked with trade and professional bodies on implications of Solvency II preparatory guidelines Show less

Marseille Area, France

Initially contracted to devise a process for and carry out a gap analysis on a subsidiary general insurance intermediary's compliance processes as required by French law, in particular concerning data protection, AML, complaint handling. Thereafter, engaged to put into place a more complete compliance environment in the light of the gap analysis and an integration of the subsidiary into the wider group governance and compliance approach. Particular elements included, in conjunction with… Show more Initially contracted to devise a process for and carry out a gap analysis on a subsidiary general insurance intermediary's compliance processes as required by French law, in particular concerning data protection, AML, complaint handling. Thereafter, engaged to put into place a more complete compliance environment in the light of the gap analysis and an integration of the subsidiary into the wider group governance and compliance approach. Particular elements included, in conjunction with the legal team, enhanced data protection policy, training and processes; AML policy and processes; increased top-down governance understanding and processes around product development and implementation. Show less

Dublin

Responsible for legal and compliance matters for PartnerRe’s Global operations throughout Europe, Asia and Latin America. In addition, legal counsel for PartnerRe’s two regulated Irish legal entities, Partner Reinsurance Europe plc and PartnerRe Ireland Insurance Limited, and also company secretary to three Dublin-based legal entities, including two regulated entities. Compliance officer (PCF12) for the two regulated entities. Led the Legal Department’s work in the merger of the… Show more Responsible for legal and compliance matters for PartnerRe’s Global operations throughout Europe, Asia and Latin America. In addition, legal counsel for PartnerRe’s two regulated Irish legal entities, Partner Reinsurance Europe plc and PartnerRe Ireland Insurance Limited, and also company secretary to three Dublin-based legal entities, including two regulated entities. Compliance officer (PCF12) for the two regulated entities. Led the Legal Department’s work in the merger of the principal EU reinsurance carrier, Partner Reinsurance Europe, with Paris Re. Also the conversion of that company to a SE. Led a review of the Dublin companies’ governance position and implementation of changes in the light of that review, including revisions to board policies, board and committee structures and procedures, risk management processes and similar aspects. He was responsible for legal and compliance aspects of Solvency II, in particular concerning governance (Pillar 2), and the introduction of fitness and probity requirements. As compliance officer, he developed the companies' compliance policy and processes, and introduced a governance manual covering all areas of the boards' responsibilities. He was responsible for the companies’ relationship with supervisory bodies, in particular the Central Bank of Ireland. He managed staff in Dublin, Paris, Zurich and Miami with responsibility for legal and compliance matters in those locations and beyond. Show less

Dublin

Assisted general counsel in preparation of board meetings, briefings etc. Assisted development of compliance function: insurance regulatory, trade sanctions, data protection etc. Provided compliance officer function for company's Canadian branch.Provided legal support - contractual, claims - to life marketing team.Various corporate matters, relating to Ireland and other jurisdictions such as Canada, Brazil.

Brussels

Focused on insurance regulatory matters, in particular cross border services across the EU. Advised European insurers on cross border products for EU markets, drafting policy documentation and the relevant pre-contractual disclosure materials. Advised on legal implications of the Solvency II project. Advised on the setting up of insurance brokerages. Also advised in connection with the transfer of insurance portfolios. Among non-insurance matters, prepared, for a major EU occupational pensions… Show more Focused on insurance regulatory matters, in particular cross border services across the EU. Advised European insurers on cross border products for EU markets, drafting policy documentation and the relevant pre-contractual disclosure materials. Advised on legal implications of the Solvency II project. Advised on the setting up of insurance brokerages. Also advised in connection with the transfer of insurance portfolios. Among non-insurance matters, prepared, for a major EU occupational pensions association, a commentary on the implications for pension providers of the EU Pension Funds directive; prepared a report on progress in the implementation of UCITS (mutual funds) legislation; advised on competition rules in the air transport sector. Show less

Uk

As Senior Legal Adviser: advice, including policy and pre-contractual material drafting, on legal and regulatory aspects of the development of certain life and pension insurance policies. As Head of Government and Industry Affairs, supported the CEO in his chairmanship of the Association of British Insurers; advised the company on political and regulatory developments with a potential impact on the company’s business, maintaining relationships with ministers, government departments… Show more As Senior Legal Adviser: advice, including policy and pre-contractual material drafting, on legal and regulatory aspects of the development of certain life and pension insurance policies. As Head of Government and Industry Affairs, supported the CEO in his chairmanship of the Association of British Insurers; advised the company on political and regulatory developments with a potential impact on the company’s business, maintaining relationships with ministers, government departments, supervisors and regulators (FSA, EU Commission), industry and lobbying organisations.Spent 1 year seconded to UK Government's New Deal Task Force secretariat, assisting in development of employer-driven welfare to work programme. Show less

Brussels

Worked principally on the setting of Commission policy on supplementary occupational pensions, leading to the publication of a green paper on supplementary pensions, which culminated eventually in the adoption of the Pension Funds Directive. Had considerable contact with other Commission directorates general and with the Council, as well as with supervisors, companies and industry bodies from various jurisdictions. Also involved with various Commission proposals on insurance, e.g… Show more Worked principally on the setting of Commission policy on supplementary occupational pensions, leading to the publication of a green paper on supplementary pensions, which culminated eventually in the adoption of the Pension Funds Directive. Had considerable contact with other Commission directorates general and with the Council, as well as with supervisors, companies and industry bodies from various jurisdictions. Also involved with various Commission proposals on insurance, e.g. intermediaries, motor insurance. Show less

Uk

Legal aspects of life product development: various investment/ distribution bonds; life protection products; development of unit trust; development of Business Expansion Scheme. Provision of product and other advice to sales force. Supervision of sales force Contributor to various publications. Advice on implementation of early iterations of UK insurance company regulation.