What is still missing in Solvency II?
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Level 2 implementing measures
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Omnibus 2
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Technical standards and guidelines
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EIOPA plans to start public consultation of technical standards in May 2012.
Criteria for equivalence - areas to be assessed:
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Powers and responsibilities of third country supervisors
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Taking-up of business
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System of governance
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Public disclosure
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Changes in business, management or qualifying holdings
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Solvency assessment
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Professional secrecy, exchange of information
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Group supervision
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