Data Adequacy Concerns Remain Within Regulatory Overhaul

LONDON - There are growing concerns that firms do not have the data necessary to comply with new regulatory requirements expected to come out in Europe, according to speakers at the Capital Markets Chamber debate in London in April.

Since the European Parliament and European Council (EC) issued the Solvency II 138/EC directive in November 2009 and the Financial Services Authority (FSA) in the UK issued PS09/16, strengthening liquidity standards, there has been ongoing discussions surrounding to

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