Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-249-250"

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	"pl"^^xsd:language2
lpv:document identification number	"en.20120703.18.2-249-250"2
lpv:hasSubsequent	lp_eu:2012-07-03-Speech-2-249-5002
lpv:speaker	lp:Sławomir Nitras2
lpv:spokenAs	unknown; Platforma Obywatelska (2009-07-14--2014-06-30)3 substitute; PECH (2012-01-19--2014-06-30)3 member; EPP (2009-07-14--2014-06-30)3 substitute; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2011-09-29--2014-06-30)3 member; Delegation to the EU-Russia Parliamentary Cooperation Committee (2009-09-16--2014-06-30)3 member; ECON (2012-01-19--2014-06-30)3
lpv:translated text	"Directive 2009/138/EC on the taking up and pursuit of the business of insurance and reinsurance provides a common regulatory framework for the whole European Union, suitable for modern financial markets, for the management of risk and the supervision of insurance and reinsurance undertakings. It is an important directive from the point of view of the security and stability of the financial system because it strengthens the supervisory framework for the insurance sector. In addition, it introduces mechanisms which mean that the insurance sector will offer better support to a real area of the real economy by encouraging long-term investments. However, in January 2011, it became necessary to revise the directive as a result of changes to the institutional structure of European supervision. In relation to this, provisions concerning postponement of the transposition deadline and the date of first application of the 2009 directive were included in Omnibus II. The complicated nature of the Omnibus II proposal, however, means that the legislative process will not end before the date of first application of Directive 2009/138/EC. I support the proposal to change the transposition date of the Solvency II Directive because it will allow us to avoid excessive legislative responsibilities for Member States and will enable better preparation of the new system provided for in the Omnibus II proposal. The complex nature and the economic importance of the legislation being drafted additionally require that the supervisory bodies and insurance and reinsurance undertakings are allowed a sufficiently long period of time to prepare to operate under the new regulatory regime."@en1

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