EIOPA steps in over insurers’ post-Brexit plans

Gabriel Bernardino, chairman of EIOPA

Moves across Europe to simplify and fast-track (re)insurance companies relocating operations from the UK to remaining EU member states as a result of Brexit may not be as easy as first thought. Issuing guidance on supervisory convergence, the European Insurance and Occupational Pensions Authority (EIOPA) warned supervisors against lowering their standard entry thresholds to attract new business from the UK,…

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