rules of cricket. They are both peppered with caveats, alternatives and ‘if this, then that’ clauses that make it difficult to define a single linear path of action. Omnibus II is a directive amending the 2009 Solvency II Directive. Its initial purpose was to take account of the Lisbon Treaty, replacing CEIOPS with EIOPA. Omnibus means bus in German, and like a bus that picks up passengers along the way the Directive has picked up various clauses and revisions en route to publication. It now includes transitional measures, implementation date changes and some changes to the Level 1 text (notably on long term guarantees, equivalence and reporting). At the time of writing, Omnibus II is in the trialogue discussions stage where the Parliament, the Council and the Commission iron out any disagreements on the text. The purpose of the trialogues is to come to an agreement so the Directive can be passed in a first reading in the Parliament and Council. If an agreement cannot be reached it must go through the full codecision process i.e. three readings in the Parliament and Council.