Shaping the directive

Peter Skinner has been assigned the key role of guiding the forthcoming Solvency II directive through the European parliament. Life & Pensions asked the Brussels-based MEP how he plans to do it

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Life & Pensions

What makes Solvency II so important as a piece of legislation?

Peter Skinner

We desperately want an overarching economic approach that completely takes in 27 member states and has a further global reach. This regulation is seen as something that can be used across the world, not just in the European Union. It's the first substantial approach that anyone around the world has ever thought of doing in terms of a market model for regulation, and if it doesn't sound too arrogant, Europe

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