Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-246-000"
Predicate | Value (sorted: default) |
---|---|
rdf:type | |
dcterms:Date | |
dcterms:Is Part Of | |
dcterms:Language | |
lpv:document identification number |
"en.20120703.18.2-246-000"2
|
lpv:hasSubsequent | |
lpv:speaker | |
lpv:spokenAs | |
lpv:translated text |
"This report aims to propose a directive postponing the transposition dates of Directive 2009/138/EC (Solvency II) and the repeal of the directives currently in force in the area of insurance and reinsurance, scheduled for 31 October 2012. This is because, in January 2011, the Commission adopted a proposal to amend Directive 2009/138/EC ‘in order to take into account the new supervisory architecture for insurance and namely the setting up of the European Insurance and Occupational Pensions Authority (EIOPA)’, called ‘Omnibus II’. As the trialogue on Omnibus II is still ongoing, the Commission believes the entry into force of Directive 2009/138/EC, without the ‘important adaptations foreseen in Omnibus II’, could place a heavy burden on the Member States. It also considers those rules important for a smooth transition to the new system. In order to become operational, Solvency II requires the inclusion of delegated and implementing acts by the Commission. The report therefore calls for the transposition of Directive 2009/138/EC (Solvency II) to be postponed and the directives to be repealed until 1 January 2014. The content of this report is therefore highly technical. In view of our critical position on the EIOPA, we abstained."@en1
|
Named graphs describing this resource:
The resource appears as object in 2 triples