The Insurance Companies (Amendment)Regulations 1992
The asset valuation regulations in the Insurance Companies Regulations 1981 provide for the valuation of traded options, which are dealt with on the traded options market of the International Stock Exchange. After 20th March 1992, following the merger between the London International Financial Futures Exchange and the London Traded Options Market, the options market on the Stock Exchange will cease to exist. Traded options will then be dealt with on The London International Financial Futures and Options Exchange. This amendment to the regulations will enable traded options to continue to be valued, after the merger.