Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-03-Speech-2-245-625"

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"en.20120703.18.2-245-625"2
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"I voted in favour of this report because this proposal is aimed at amending Directive 2009/138/EC on the taking up and pursuit of the business of insurance and reinsurance (Solvency II) in order to postpone the date for transposition of the directive until 30 June 2013, instead of 31 October 2012, and the date of application until 1 January 2014. As current negotiations on the Omnibus II Regulation relating to the common commercial policy, which would have an impact on the new supervisory structure of Solvency II, are still ongoing, the implementation of measures for Solvency II cannot be tabled. It is therefore necessary to extend the deadline for the transposition of Solvency II in order to ensure the legal continuity of the Solvency I Directive until the full application of Solvency II. This proposal does not provide for any amendments to the content of the directive."@en1

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