EC regulatory reforms to 'level Solvency II playing field'

UK carriers looking to establish EU subsidiaries for Brexit face
less room for manoeuvre after the European Commission (EC) issued
plans to bolster the bloc's financial regulators at the expense
of national watchdogs.
The EC's proposals would give the European Insurance and
Occupational Pensions Authority (Eiopa) greater powers to promote
"convergence" among national insurance regulators in the
way they supervise internal models under Solvency II.
Eiopa and the other so-called European Superviso