UK regulator allows more time for Solvency II implementation
The Financial Services Authority has given insurers more time to get ready for Solvency II, anticipating that disagreements over the final rules could delay its introduction by two years.
Insurers developing models to calculate Solvency II capital requirements could have until 31 December 2015 to submit them for approval, compared with the original deadline of late 2013, the head of
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