UK Treasury appoints new Solvency II decision maker

As part of a wider revamp of the UK Treasury, Jon Cunliffe will lead the newly created international and financial directorate, a role that means he is now the government's key policy decision maker on the Solvency II process. Prior to the reorganisation, this role was performed by John Kingman who will lead the new public service and growth directorate. Cunliffe remains responsible for the macroeconomics at the Treasury.