Barnier to attend crunch trilogue to see Solvency II negotiations ‘over the finish line'
Profound changes expected to long-term guarantees package
European Commissioner (EC) Michel Barnier is to participate in tomorrow's crunch Omnibus II negotiations in an unusual move that raises expectations that a political agreement will be finally reached.
Over the past two months, European policy-makers have come close to a compromise on a controversial package of measures for insurance products with long-term guarantees (LTGs), which caused discussions to come to a deadlock last year.
The meeting on Wednesday was arranged after representatives of
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