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International

UK to reform capital rules for insurers after Brexit

November 26, 2020 Reprints

The U.K. is considering making changes to Solvency II capital regulations for insurers as soon as the Brexit transition period culminates, Reuters reported. Victoria Saporta, executive director of prudential policy at the Bank of England, said that the reforms will be focused on areas such as regulatory reporting, Libor-related rules, and risk margins.

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UK to reform capital rules for insurers after Brexit

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