Ron Burgundy Posted April 29, 2013 Share Posted April 29, 2013 By Huw Jones LONDON (Reuters) - Britain intends to implement a tougher version of European Union rules on capital adequacy for its own insurers, even at the risk of a legal challenge in the bloc's courts, a top regulator has said. Andrew Bailey, chief executive of Britain's Prudential Regulation Authority (PRA), said EU rules known as Solvency II, due to come into effect in 2016 at the earliest, would not be comprehensive enough. ... View the full article Quote Link to comment Share on other sites More sharing options...
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