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EIOPA chairman Gabriel Bernardino has written to European Commissioner Michel Barnier saying EIOPA "are seriously concerned about the lack of a clear snd credible timetable for the implemention" of Solvency II.
Once a timetable is agreed, Bernardino said that a reflection should be made on the possibility of earlier implementation of some Solvency II elements to address concerns, including prolonging the inadequate Solvency I regime. |
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