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PRA approach to Solvency II

The PRA has published the slides used at its industry briefings on the European Insurance and Occupational Pensions Authority (EIOPA) guidelines on preparing for Solvency II.  The PRA’s expectation is to hold meetings with internal and external stakeholders during the EIOPA consultation and workshops will be convened to gain technical input in early May.  The PRA sets out its expectation that firms will have regard to the guidelines and take appropriate steps to prepare for Solvency II.  The PRA is to detail its supervisory approach once the EIOPA final guidelines are released in September/October 2013.

 

RELATED LINKS

http://www.bankofengland.co.uk/pra/Pages/solvency2/policyeuropean.aspx

 

 

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