Insurers hope for agreement tomorrow on long-term guarantees assessment
Insurers concerned that assessment could overlap full-year reporting as debate over matching adjustment continues to delay impact test
Insurers are hoping that political agreement can be reached tomorrow on the terms of reference of the European Commission's impact assessment on long-term guarantees so that the project can begin in early December.
The European Parliament and the Council of the European Union have to date failed to agree the terms of reference amid disagreement over how the matching adjustment will be tested.
The next technical trilogue between the commission, parliament and the council to discuss the assessment
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