From Our Perspective: Who’s watching the watchers?
In some countries they are accused of heavy-handedness; in others they seem content to play a light-touch role. Either way, European pension regulation remains as diverse as the continent’s pension systems. The IORP II Directive, like its 2004 counterpart will be interpreted and implemented differently across the EU member states; harmonisation of regulation has not led to a harmonisation of regulators.
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