<![CDATA[ A number of recent changes to the Solvency II Level 2 text were discussed informally at a recent meeting of European Finance Ministers and are yet to be integrated into the final draft, according to Sven Giegold, MEP. In an update posted on his website (18/9/2014) the MEP for the Greens and member of ECON committee said, “The implementing measures are basically ready to be decided. Some last changes discussed during the recent informal EcoFin [meeting] in Milan have still to be integrated.” The update states that the Commission has completed its interservices consultation and the text is expected to be presented to the Parliament and Council by the end of September. Mr Giegold said he will request a meeting of the European Parliament negotiating team to discuss the latest version of the text. “The European Parliament has the right to veto delegated acts such as these implementing measures, which is why the European Commission should have an interest to coordinate important changes with the elected lawmakers.”
1 thought on “Solvency II News: Delegated Acts timeline update”
Comments are closed.