European Commission issues summary of responses to the consultation of Level 2 implementing measures

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By William Coatesworth, John McKenzie, Neil Cantle | 12 May 2011
The responses to the recent consultation on the Level 2 Implementing Measures show significant issues with the proposed methodologies, whilst highlighting large social and economic impacts that could result from the current text. This update reviews the key issues discussed in the summary and considers the potential impact of these concerns on the future state of Solvency II.