The Dutch regulator is taking a strict line in its interpretation of Solvency II's matching adjustment rules according to the country's insurance industry association, a move that could trigger protests from local firms if other European supervisors are seen to be more lenient.
The Verbond van Verzekeraars (Dutch Association of Insurers) wrote to members last month to update them on how De Nederlandsche Bank (DNB) plans to apply the matching adjustment, based on the association's discussions
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