Eiopa advises policymakers to scrap counter-cyclical premium in LGT report

Gabriel Bernardino

The European Insurance and Occupational Pensions Authority has published the findings of the Long-Term Guarantee Assessment it conducted as part of political discussions on finalisation of the Omnibus II Directive.

The LTGA tested the so-called Long-Term Guarantee package - a set of potential measures aimed at ensuring an appropriate supervisory treatment of long term guarantee products, under volatile and

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