Amendments to Solvency II to "finesse" transition
Proposed amendments to the Solvency II Directive from Omnibus II include transitional measures “seem far more wide-ranging than had previously been alluded to in QIS5 and other discussions”, according to Towers Watson.
Naren Persad, senior consultant at the professional services company, said: “The Commission is taking a sensible precaution in giving itself the ability to finesse the transition into the new regime
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