HM Treasury: A discussion paper on the UK's proposals to reduce the administrative burden on insurance groups operating in the EU has been launched for consultation by the Treasury and the Financial Services Authority (FSA).
The proposals aim to encourage more effective group supervision across EU insurers and ultimately provide better value for consumers.  They represent the UK's contribution to the development of prudential regulation of the EU insurance sector through the Solvency II process.
Press release ~ Discussion paper ~ Financial Services Authority (FSA) ~ Solvency II ~ Financial services supervision: Chancellor´s 3 March letter to Ecofin colleagues covering ongoing supervision, crisis management, and resolution
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