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Regions / Europe

Email News Service March 09: EU’s Solvency II deal ensures sound directive, says key MEP

Simon Turmaine | March 26, 2009

BRUSSELS, March 26 (Global Risk Regulator) – A compromise deal that breaks the stalemate over Europe’s Solvency II reform of insurance regulation will ensure a “prudentially sound directive”, despite leaving out controversial cross-border group support provisions for the time being, a senior European parliamentarian said today.

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