Author: Simon Erritt

The European Life Settlement Association (“ELSA”) was established in May 2009 to set standards for the European life settlement industry and to promote transparency by providing accurate, authoritative information to its investors. ELSA’s founding members recognised that the consistent application of best practice was fundamental to the continued prosperity of the industry and the protection of its investors, and quickly sought to collate, refine, document and highlight this best practice. Work began on the first edition of its code of practice (the “Code”) in October of that year and it was completed nine months later in July 2010. As Patrick…