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BoE governor speaks on Solvency II review

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Published on: 01 December 2021
Published by LNB News

LNB News 01/12/2021

Document Information

Issue Date: 01 December 2021

Published Date: 01 December 2021

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The governor of the Bank of England (BoE), Andrew Bailey, has given a speech in which he discussed how the BoE regulates insurers and what this means for the ongoing review of Directive 2009/138/EC (Solvency II). In particular, Bailey looked at reforms which the Prudential Regulation Authority (PRA) is considering in two key areas: the risk margin and the matching adjustment.

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Jurisdiction(s):
England, Northern Ireland, Scotland and Wales

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