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ABI welcomes FSA, Treasury consultation on EU.

Publication: Financial Adviser
Publication Date: 08-MAY-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Byline: Stefanie Ives

Discussion paper on Sovency II framework gets industry thumbs up

The insurance industry has welcomed the FSA and Treasury's joint discussion paper on the EU insurance sector, stating it will lead to better value for customers

The discussion paper concerns the UK's proposals to reduce the administrative burden on insurance groups and aims to encourage more effective supervision.

A key focus of the discussion paper...

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