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The report reiterated AIMA's previous calls for a deal with the EU based on regulatory equivalence.
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The London insurance market was also seeking a guarantee of regulatory equivalence with EU capital rules, the LMG said.
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The ordinance it unveiled on Friday puts that plan into effect unless the European Commission recognizes Swiss regulatory equivalence by the start of next year.
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The ordinance it unveiled on Friday puts that plan into effect, unless the European Commission recognises Swiss regulatory equivalence by the start of next year.
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Applicable Criteria and Related Research: Solvency II: The Quest for Regulatory Equivalence