Tag Archives : Omnibus 2

Solvency 2 back on track for 2016

The European Commission officially proposed a new “go-live” date for Solvency 2 set for 1st January 2016 with a draft Directive (a.k.a. Quick-Fix 2) that was published on 2 October and is giving the necessary, but tight, space to finalise all the details of the new European insurance regulatory framework.

One month later, on Wednesday 5 November, with this new delay officially set, a trialogue session between the European Parliament, the Council and the Commission took place and struck an agreement on the Omnibus 2 text. Continue reading