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Subjects / Shadow Banking

Email News Service May 09: EU ministers approve Solvency II, split on hedge funds, pressurise accounting rule-makers, divide over stress testing

Simon Turmaine | May 4, 2009

BRUSSELS, May 5 (Global Risk Regulator) – Europe’s Solvency II reform of insurance regulation took another step on the road to implementation today as European Union finance ministers, as expected, formally approved the new safety rules on behalf of the EU’s 27 member states.

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