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Solvency II delay fears after EU talks break down

13 July 2012

There are fears that the European Union 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 start of the EU parliamentary summer break.

Talks between EU officials and lawmakers broke down yesterday, leaving industry trade bodies questioning whether an already tight timetable to implement the legislation can be met.

A deal would have meant a vote of EU legislators on...


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