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Solvency II announcement negative for some firms

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George Crooks of Wolters Kluwer Financial Services, has commented on the Financial Services Authority revised deadline for Solvency II to 2014.

Crooks said: "The FSA announced on Tuesday that it expects Solvency II to come into force on 1 January 2014. This announcement is likely to be received negatively by those UK insurance firms who have

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