Bank of Italy calls for greater transparency over the distribution of insurance policies sold in connection to revolving credit cards *

Italy - May 11 2010
On 20 April 2010, the Bank of Italy, the supervising authority for the Italian banking market, published guidance for banks and other financial institutions who are involved in the revolving credit card market.

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Commissioner Barnier proposes Solvency II delay until 31 December 2012 *

European Union - May 5 2010
In a speech before a public hearing on Solvency II, Commissioner for the Internal Market and Services, Michel Barnier has proposed that the implementation date for Solvency II be moved to 31 December 2012.

Co-authors: Noleen John, David Whear.

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New Italian regulation on the distance marketing of insurance products *

Italy - May 5 2010
On 19 March 2010, the Italian insurance regulator, ISVAP, enacted a new regulation on the distance marketing of insurance products.

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CEIOPS Level 3 guidance on Solvency II: pre-application process for internal models *

European Union - April 15 2010
The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has published its first Level 3 guidance for Solvency II.

Co-authors: Noleen John, David Whear.

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CEIOPS publish final Level 2 advice submitted to European Commission on third-country equivalence *

European Union - April 15 2010
Third-country equivalence will be an issue of considerable significance under Solvency II - especially for international insurance and reinsurance groups.

Co-authors: Noleen John, David Whear.

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