UK Treasury calls for Solvency II co-operation
Co-operation between regulators and governments was essential if the forthcoming Solvency II directive was to deliver, according to the UK's Treasury.
Speaking at the Life & Pensions summit conference in May, the Treasury's director of financial services, Clive Maxwell, said that while the directive could, "Improve insurer competitiveness and strengthen consumer protection, strong co-operation is needed" in order for this to be possible.
Maxwell was speaking from his perspective as the UK
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