Treasury lands on final Solvency II reforms with latest consultation
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Treasury lands on final Solvency II reforms with latest consultation

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The UK Treasury has set out details on a new mobilisation regime for start-up insurers, as well as how it will cut reporting burdens for carriers and ensure London attracts foreign (re)insurers, in its latest consultation on Solvency II reforms.

Launched this morning, the consultation brings the reforms to the home straight, with Whitehall landing on the final set of changes it plans to make to legislation and rules imposed by the Prudential Regulation Authority (PRA).

It

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