Optimism as Omnibus II trilogues recommence next week

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Judging from their progress last year, a smooth conclusion to the Omnibus II negotiations that are recommencing after the summer recess might seem unlikely. Discussions on the directive that amends Solvency II had been derailed by seemingly irreconcilable differences between European member states.

This time, however, that might not be the case. One year after talks stalled over the treatment of long-term guarantees and were officially put on hold to give time for an additional impact assessment

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