EUROPE - The European Parliament Committee on Economic and Monetary Affairs (ECON) voted yesterday to agree the text of the Solvency II Directive, paving the way for the separation of the IORP and Solvency II legislative frameworks.
The EU Council, which is the co-legislator, has not yet reached an agreement on the draft text to be brought forward, while the EU Commission was carrying out a consultation process on the IORP fra...
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