The MFSA has issued a Guidance Paper on Insurance Groups under Solvency II providing key insight on the main features of the Solvency II Directive on (re)insurance groups.
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On 13 November 2013, the European Trialogue, consisting of the European Commission, the European Parliament and the Council of the EU, struck a provisional agreement that paves the way for the long awaited introduction of the Solvency II Directive.
On 31 May, 2013 the Malta Financial Services Authority (MFSA) published a consultation note and draft regulations permitting the establishment of Special Purpose Reinsurance Vehicles (Reinsurance SPVs) in Malta.
On the 30th of April 2013, the Malta Financial Services Authority (the “MFSA”) issued a report on the 2012 MFSA Standard Formula Exercise for Solvency II. This report summarises the results of the calculation of the standard formula for re/insurance undertakings that participated in the 2012 MFSA standard formula exercise.