Solvency II “ground to a halt” by national interest PRA boss says
Disagreement over the final Solvency II rules at a national level has seen negotiations “ground to a halt” according to Prudential Regulatory Authority boss Andrew Bailey.
Bailey, pictured, condemned the European Union over the implementation of Solvency II in a letter to Andrew Tyrie MP, the chair of the Treasury Select Committee.
Tyrie initially contacted Bailey to
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