22 February 2011
In May 2010 we reported on the key issues facing the industry under Solvency II. Since then there have been a number of key developments (in particular, relating to the Omnibus II Directive, the creation of EIOPA and further debate on third country equivalence), which we look at in this briefing alongside a cross-jurisdictional update on key issues and developments in the UK, Germany, France, Italy, Spain, the Netherlands and Poland.
Solvency II Update
- La récupération de la TVA sur les frais de cession de titres ou d'immeubles non soumise à la TVA: une faculté désormais admise mais encadrée / VAT recovery of costs incurred attributed to transfers of securities or real property which are not subject to VAT: a possibility now recognised but within a supervisory framework.
- Contentious Commentary - September 2011