Brussels, 18/09/2014 (Agence Europe) -MEP Sven Giegold has warned the European Commission against the excessive reduction, and one not based on empirical data, of the risk weighting of certain securitised products being acquired by the insurance sector to boost recovery.
“One of the most important changes” to the initial drafts of the delegated act designed to execute the Solvency II directive concern the weighting of risks represented by certain secured financial products, explained...