Europe Industry Set Against Merger Of EU Insurer And Bank Regulators

Europe Industry Set Against Merger Of EU Insurer And Bank Regulators

The European commission is currently debating whether to transfer powers from EIOPA to the European Securities and Markets Authority or to merge EIOPA with the European Banking Authority. Responding to ideas put forward in a European Commission consultation, Insurance Europe said that such moves would not lead to better EU-level supervision or increased convergence but would damage the quality of EU supervision. The European… Read More

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