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Committee of European Insurance and Occupational Pensions Supervisors: Public consultation on CEIOPS Draft Methodology for equivalence assessments under Solvency II

( September 28, 2010, 16:26 GMT | Official Statement) -- MLex Summary: Insurance regulators set out a 40-42 week process for how to assess the equivalence of foreign rules and oversight with the European Union's capital rules. "Supervisory cooperation and professional secrecy is a key, determinative element of a positive equivalence finding," the proposed guidelines said.[The following is a statement accompanying the consultation paper. Click the link below for the document in full, titled, "The methodology for equivalence assessments by CEIOPS under Solvency II."]...

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