Eiopa chairman raises concerns over Solvency II delays

Bernardino urges rapid vote on Omnibus II and a clear Solvency II timetable

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Gabriel Bernardino, chairman of the European Insurance and Occupational Pensions Authority (Eiopa), has said continued delays in the legislative process for Solvency II are hampering the authority's progress in developing the regulatory regime.

In a letter to Michel Barnier, the European commissioner for internal market and services, Bernardino said delays to the approval of the Omnibus II Directive and the level 2 implementing measures were proving an increasing hindrance to Eiopa's public

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