Solvency II: FSA: eight out of 10 insurers have weaknesses over SII
The Financial Services Authority remains concerned that firms are spending too much time focusing on Pillar I of the Solvency II regulations and not enough time on Pillars II and III.
This warning came from Tracey Martin, Solvency II associate at the regulator, who outlined some of the common problems it has found across firms in terms of governance.
These included: poor risk
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