Monday 20 June 2011

Solvency II - additional FT articles

FT also posted a couple of supplementary articles on Solvency II today. One covers some old ground on calibration lobbying, but notes that the Solvency Experts Group is meeting this week with the Commission (one to look out for). It also reiterates that FT party line of move to 2014 implementation as more of a fait accompli.

The second quotes an ABI and KPMG straw poll that talks of the raft of supervisory changes in the UK (Solvency II and FSA-PRA changeover) is not helping support consumer trust in the industry.

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