Solvency II compliance could move to 2016 following latest delay
The European Parliament plenary meeting to consider, and possibly approve, the Omnibus 2 amendments to the Solvency II directive has been moved back from 10 June to 22 October 2013.
While no explanation of the rationale for the delay has been offered, KPMG said this delay will allow the results of the current impact study on the impact of Solvency II on products with long-term
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