Omnibus II
A deal is needed on Omnibus II, even if it is not perfect
A deal is needed on Omnibus II, even if it is not perfect
Time running out for Omnibus II negotiations as latest trilogue fails to find agreement
Further trilogue scheduled as policy-makers seek compromise on package for long-term products before summer recess
Member states call for delay to Solvency II
Fears that revised transposition timetable 'would create legal uncertainty' as Czech Republic pushes for 2015 implementation date
New Omnibus II yield curve extrapolation proposals ‘a significant ALM challenge for insurers’
New Omnibus II yield curve extrapolation proposals ‘a significant ALM challenge for insurers’
Political Chess: debate over form of level 2 implementing measures hots up
The European Parliament is proposing changing many delegated acts into regulatory standards potentially moving considerable power to Eiopa - and prompting the commission to take legal advice. Thomas Whittaker examines the implications
Eiopa warns on use of external data in internal capital models
Insurers must supply information on third-party models in support of their internal model application
The Solvency II timetable is a coiled spring under pressure
The Solvency II timetable is a coiled spring under pressure
The extrapolation conundrum
The extrapolation conundrum
Another delay in Solvency II as EC proposes deferral of transposition date
Commission takes legal advice on Econ committee proposals
Matching premium back in the spotlight
Matching premium back in the spotlight
UK insurers set to lobby for easing of constraints on matching adjustment
Relief as new matching premium included in Omnibus II Econ text, but questions remain over how it will work
European Parliament’s plenary vote on Omnibus II delayed again
Concerns mount over Solvency II implementation timetable as plenary vote rescheduled to September
Need for matching premiums recognised in Econ vote
Amended Omnibus II text acknowledges a matching premium is necessary, but there is no detail on how it will work
Further legislative delays could compress Solvency II ‘soft launch’ period - FSA
Regulator updates internal model approval process
Groupe Consultatif chair fuels concerns over Solvency II delays
Eurozone instability making application of harmonised Pillar 1 ‘difficult’
US omitted from second wave of equivalence assessments
New approach needed for US, says European Commission, as seven countries identified for assessment
Eiopa chairman raises concerns over Solvency II delays
Bernardino urges rapid vote on Omnibus II and a clear Solvency II timetable
Local regulators grapple with Solvency II implementation
Local solutions
The volatility challenge
The volatility challenge
Delay to Solvency II is ‘pure speculation’, says European Commission
But MEP Peter Skinner says European Parliament vote cannot be delayed again
Further delay to Omnibus II as European Parliament takes time for scrutiny
Concerns that Solvency II timetable could be delayed as a result
“Solvency II is good for you”
“Solvency II is good for you”
Further uncertainty on Solvency II rules as Omnibus II vote postponed
Key vote by European Parliament could be delayed further