Further legislative delays could compress Solvency II ‘soft launch’ period - FSA

Regulator updates internal model approval process

fsa canary wharf

Further delays in the Solvency II legislative process will not necessarily lead to the regime being postponed, but could lead to a shortening of the time period between the date that the legislation is transposed into national law and the January 1, 2014 application date, according to the Financial Services Authority (FSA).

The comments came as the FSA released new information on the requirements for insurers entering its Internal Model Application Process (Imap) and announced it would be

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