The Commission has published a proposal to postpone the transposition deadline of Solvency 2 to 30 June 2013, with an application date of 1 January 2014 (subject to further transitional provisions). This is mainly because of the continued delay to the Omnibus 2 Directive, which will amend Solvency 2 by adapting it to the “new” European Supervisory Architecture. (Commission Proposes Solvency 2 Delay)
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Commission delays Solvency 2 implementation
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Senior Patent Counsel
Royal DSM NV