Commission hopes to cut infrastructure charges before 2016

Aggressive timetable outlined for reassessment of infrastructure capital charges

infrastructure-money

Infrastructure could be treated as a discrete asset class under Solvency II and split into tiers with different levels of capital charges, according to Klaus Wiedner, head of the insurance and pensions unit at the European Commission (EC).

The commission hopes to make a decision on the revised treatment for infrastructure under the directive before it goes live on January 1, 2016, he told Risk.net.

The European Insurance and Occupational Pensions Authority (Eiopa) announced earlier this month th