European regulation - Czechs opt for compromise after French failure



As Life & Pensions went to press it was looking increasingly unlikely that Solvency II, the proposed European insurance regulation directive, would pass during France's tenure in the rotating EU presidency, in what is likely to be seen as a failure of the country's leadership. The process has been stalled by conflict between the European Parliament and the Council of Economics and Finance Ministers (Ecofin) over the latter's controversial omission of the group support directive (GSD) and

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