LPR Nordics: Danish FSA warns industry against Solvency II "compliance exercise"
Top Danish insurance and pensions regulator uses Life & Pension Risk Nordic conference to caution firms not to treat new regulation as a box-ticking exercise - or to rely on delays
Danish firms that treat the Solvency II as "a compliance exercise", or rely on delays to the December 31, 2012 implementation deadline will face close attention from the domestic regulator, according to the unit’s head of insurance and pension supervision, Jan Parner.
Speaking on a panel discussion at Life & Pension Risk's Nordic event in Copenhagen, Parner – also deputy director-general of the Danish Financial Services Authority – said his team could distinguish those firms and funds that are
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