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Regulatory reform poses risk to financial stability

Map of Europe in CRN blue

Regulatory and accounting changes faced by the insurance industry will dramatically alter its investment style, meaning companies will face greater problems raising funds to invest in the real economy, a legal firm has warned.

Michael Wainwright, partner at international law firm Eversheds, said: “The sovereign debt crisis in Europe is beginning to highlight the risk inherent in the new European framework for making laws on

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