Thursday, 29 September 2011

GCAE Minutes - "effective co-operation between European institutions"

I had almost forgotten to post the link to the Groupe Consultatif's minutes for September - concise and clear as ever. Some interesting plans on a potential position paper on ORSA, and some IFRS/Solvency II convergence work.

Nice of them to plant a seed of uncertainty with the headline "Planned implementation of Solvency II on 1 January 2014 depends on effective co‐operation between European institutions and on action by member states". This has the air of fighting talk from EIOPA, who they met with in the month.

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