FSA expects Solvency II to be delayed

Financial Services Authority building

The Financial Services Authority has said it expects insurers to have to comply with Solvency II rules from the delayed 1 January 2014 date.

It said 1 January 2013 remains the date at which the responsibilities of supervisors and EIOPA would be switched on but that 1 January 2014 is when the Solvency II requirements would be switched on

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