UK
politician Lord Hill is set to be handed a senior economic post in
Brussels, which will include responsibility for the new Solvency II
regulations for the insurance industry, by European Commission
President-elect Jean-Claude Juncker.
- See more at:
http://www.theactuary.com/news/2014/09/uk-gets-key-eu-portfolio-for-insurance-and-pension-regulation/#sthash.6QsqAncI.dpuf
UK
politician Lord Hill is set to be handed a senior economic post in
Brussels, which will include responsibility for the new Solvency II
regulations for the insurance industry, by European Commission
President-elect Jean-Claude Juncker.
- See more at:
http://www.theactuary.com/news/2014/09/uk-gets-key-eu-portfolio-for-insurance-and-pension-regulation/#sthash.0PXJ6O6s.dpufLord Hill will take up the newly created post of commissioner for financial stability, financial services and capital markets union once the make-up of Juncker’s commission is approved by the European Parliament.
The portfolio has been created after the decision to break up the existing internal market department of the commission, headed by French commissioner Michel Barnier, and move responsibility for financial regulation.
Lord Hill will therefore be responsible for the European supervisory authorises, including EIOPA (European System of Financial Supervision), the regulator for insurance and pensions.
The appointment was welcomed by senior UK politicians.
UK
politician Lord Hill is set to be handed a senior economic post in
Brussels, which will include responsibility for the new Solvency II
regulations for the insurance industry, by European Commission
President-elect Jean-Claude Juncker.
- See more at:
http://www.theactuary.com/news/2014/09/uk-gets-key-eu-portfolio-for-insurance-and-pension-regulation/#sthash.6QsqAncI.dpufRead more: UK gets key EU portfolio for insurance and pension regulation | The Actuary, official magazine of SIAS and The Actuarial Profession
No comments:
Post a Comment