Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-245-125"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-07-03"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"lt"^^xsd:language2
lpv:document identification number	"en.20120703.18.2-245-125"2
lpv:hasSubsequent	lp_eu:2012-07-03-Speech-2-245-2502
lpv:speaker	lp:Zigmantas Balčytis2
lpv:spokenAs	member; ITRE (2012-01-19--2014-06-30)3 member; S&D (2009-07-14--2014-06-30)3 unknown; Lietuvos socialdemokratų partija (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the United States (2009-09-16--2014-06-30)3 substitute; TRAN (2012-01-19--2014-06-30)3 member; Delegation for relations with the People's Republic of China (2009-09-16--2014-06-30)3 member; CONT (2012-01-19--2014-06-30)3
lpv:translated text	"I voted in favour of this report. This proposal amends Directive 2009/138/EC on the taking up and pursuit of the business of insurance and reinsurance (Solvency II) in order to adapt it to the new supervisory architecture for insurance and namely, the establishment of the European Insurance and Occupational Pensions Authority. The proposal also amends the deadline for transposition of the directive, postponing it to 30 June 2013 and setting a later date for its application. A new date of repeal of the existing insurance and reinsurance directives collectively referred to as Solvency I is also set accordingly, being postponed until 1 January 2014. This has been done in order to ensure the legal continuity of the provisions of the current Solvency I Directive until the Solvency II Directive is in place. I welcome this proposal because we need to ensure a smooth transition to the new regime and avoid legal uncertainty."@en1

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