Latest delay to key Solvency II vote 'could threaten agreement on Omnibus II'

european-parliament

The latest postponement of the European Parliament's critical vote on Omnibus II could undermine the negotiations to finalise the Omnibus II Directive and ultimately damage the international reputation of Solvency II, experts warn.

The parliament's plenary vote on Omnibus II has been pushed back to November 20. It had previously been scheduled to take place on October 22 after being postponed from September 10 following a failure to reach agreement on the final draft of Omnibus II in the

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