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...He said legislation to pave the way for Solvency II reform was expected to be “delivered essentially over the course of 2023”....
...The task force is working on this area alongside plans by the government to overhaul Solvency II rules to make it easier for UK pension funds to invest in alternative assets....
...Some of the reforms, including changing the EU’s Solvency II regime for insurers and the Mifid II review — would not have been possible on a unilateral basis while Britain was in the EU....
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...financial markets, and Solvency II rules for insurers....
...Other proposals to be announced on Friday include a review of Mifid II to boost analyst research coverage for UK companies and enable greater investor attention....
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