SII delay fears after EU talks break down
There are fears that the EU may have to push back the January 2014 launch of its Solvency II capital regime after talks on a final draft of the new framework failed ahead of the impending EU parliamentary summer break.
Discussions between EU officials and lawmakers broke down on 12 July, leaving industry trade bodies questioning whether the already tight timetable to implement the legislation is feasible.
A deal would have meant EU legislators would vote on Solvency II after...
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