To ask Mr Chancellor of the Exchequer, what the cost has been to the UK of the EU's Solvency II Initiative to date; and what recent estimate he has made of the cost of full implementation of that initiative.
Answered on
9 January 2015
HM Treasury published an impact assessment on UK implementation of Solvency II in November 2011. The impact assessment can be found at:
https://www.gov.uk/government/consultations/solvency-ii-framework-directive-2009138ec
Answered by
Treasury
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