Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-245-875"
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"en.20120703.18.2-245-875"2
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"This report concerns the proposal for a directive of the European Parliament and of the Council amending Directive 2009/138/EC as regards the dates of its transposition and application and the date of repeal of certain directives. The date of 31 October 2012 marks the deadline for the transposition of this directive, which sets out new rules for regulating and monitoring insurance and reinsurance companies within Europe, in order to ensure the soundness and security of this sector, granting it greater stability and strengthening consumer confidence. In January 2011, the Commission adopted an amendment to the aforementioned directive, specifically regarding the creation of the European Insurance and Occupational Pensions Authority, as well as the extension of the deadline for transposition, repeal and application, taking into account the need for prior approval of the Omnibus II Directive. I voted in favour of postponing the transposition of Directive 2009/138/EC until 30 June 2013, and of postponing the entry into force of the Solvency II package until 1 January 2014, thereby avoiding a legal vacuum from 31 October 2012 and ensuring timely preparation for its operation."@en1
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