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Key legislative issues which impact Lloyd's relating to Solvency II
Lloyd's monitors the development of Solvency II and is lobbying throughout the legislative process to ensure that its members' interests are protected.
Key legislative issues which have an impact on Lloyd's are presented by topic below.
Overview of Lloyd's Solvency II lobbying activities
The Omnibus II Directive will amend certain provisions of the Solvency II Directive, including the implementation date. On 13 November 2013, provisional agreement was reached by the EU institutions on Omnibus II.
Geographical diversification and Solvency II: a proposal by Lloyd's
Process for assessing equivalence of third countries under Solvency II
Slow legislative process in finalising the framework's details means that Solvency II's implementation date is likely to be postponed until at least January 2016.
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