Paragraph 2 Annual report: general requirements
The annual report on a financial year required by regulation 20 must state—
the names of the persons who at any time during the financial year were members of the Council of Lloyd's; and
the principal activities of the Lloyd's market in the course of the year and any significant change to those activities in the year.
The annual report must contain—
particulars of any important events affecting the Lloyd's market which have occurred since the end of the financial year;
an indication of likely future developments in the business of the Lloyd's market; and
an indication of the activities (if any) of the members of Lloyd's in the field of research and development.
Notes on the whole SI
Textual amendments
- F1
Regulations revoked (14.12.2023 for the revocation of reg. 32) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 2 (with s. 1(4)); S.I. 2023/1382, reg. 2(c)(i)