“Solvency II is good for you”
This will be a critical year in the development of Solvency II.
Karel van Hulle, the man leading the European Commission’s work on Solvency II, proclaimed at a recent conference: “We are almost there.” Yet there is much to be done and there are some crucial, not to mention controversial, issues that need to be addressed.
The adoption of the Omnibus II Directive is the first piece in the jigsaw. This is crucial to finalising the Level 1 framework of Solvency II. Until this framework is agreed
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