German manoeuvring on Omnibus II raises hackles

Published in: Risk, Regulation, Solvency II, UK, Rest of Europe

Companies: EP, PwC, EC, Christian Democrat Union, Isvap, FSA

Insiders say Berlin is trying to sneak through "early extrapolation" (of the future risk-free rate), which suits its insurance sector, and stifle other nations' support for matching premiums and counter-cyclical premiums. Feelings are running high ahead of the ECON vote on the directive, as Sarfraz Thind reports

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