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Solvency II agreement ABI response

After an agreement was reached on Solvency II last night (13 November 2013), Hugh Savill, Director of Regulation, ABI comments:

"We are relieved that a deal for Solvency II has been finalised following months of intense discussions. 

"The outcome is by no means perfect but we now have a solid basis for the industry to move forward and to prepare for the entry into force in 2016. 

"The Commission should now consult on the full implementation measures as soon as possible.”

Last updated 01/07/2016