Arguments on artificial volatility dampeners must focus on fundamentals, warns Skinner

Arguments on artificial volatility dampeners must focus on fundamentals if political consensus is to be reached, warns Skinner


The debate on the mechanisms to remove artificial volatility caused by Solvency II has become too aligned to certain countries and product lines, according to Peter Skinner MEP, the European Parliament’s rapporteur for Solvency II. The argument must focus on the fundamental purpose of these tools if support for them is to be achieved within the European Parliament, he warns.

Skinner’s comments came as the Economic and Monetary Affairs Committee (Econ) of the European Parliament postponed a

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