Britain inherited the so-called Solvency II rules from the European Union, and reforming them is seen by industry and government as a key reform after Brexit to keep the financial sector globally competitive
London:
Britain launched on Thursday a public consultation for a post-Brexit relaxation of capital rules for insurers in a step the government said would increase investments in long-term infrastructure.
Britain inherited the so-called Solvency II rules from the European Union, and reforming them is seen by industry and government as a key reform after Brexit to keep the financial sector globally competitive.
Reuters