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Solvency II update
- Mayer Brown LLP
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- European Union
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- May 31 2012
On 21 May 2012, in anticipation that the Omnibus II directive will not be published on schedule, the European Commission published its proposal to amend the transposition and application dates of Solvency II to 30 June 2013 and 1 January 2014 respectively
EIOPA publishes action plan for colleges of supervisors
- Mayer Brown LLP
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- European Union
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- March 5 2012
EIOPA has published a 2012 action plan for colleges of supervisors, which is dated 16 January 2012 (the “Action Plan”
Solvency II timing update
- Mayer Brown LLP
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- European Union
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- March 5 2012
February has seen continued speculation about when (and even whether!) Solvency II will be implemented
European Commission letter to EIOPA regarding third country equivalence
- Mayer Brown LLP
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- European Union
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- March 5 2012
On 2 February 2012, the European Commission (the “Commission”) wrote a letter to the European Insurance and Occupational Pensions Authority (“EIOPA”) regarding third country equivalence assessments under Solvency II
Solvency II potentially delayed by two years
- Mayer Brown LLP
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- European Union
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- January 31 2012
The next stage in the legislative process for Omnibus II, the vote in the European Parliament’s Economic and Monetary Affairs Committee (“ECON”), was due to take place on 23-24 January 2012 but has now been postponed to 21 March 2012
European Commission issues guidelines following Test-Achats ruling
- Mayer Brown LLP
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- European Union
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- January 31 2012
On 22 December 2011, the European Commission (“EC”) published a press release and guidelines (the “Guidelines”) on the application of the Gender Directive (2004113EC) (the “Directive”) in light of the decision of the European Court of Justice (“ECJ”) in Association Belge des Consommateurs Test-Achats and others (Case C-23609) 2009 ECJ (“Test-Achats”
EIOPA letter to European Parliament regarding reporting
- Mayer Brown LLP
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- European Union
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- December 21 2011
EIOPA has published a letter to the European Parliament (“EP”) dated 16 December 2011 in relation to reporting under Solvency II (the “Letter”
Progress report on Omnibus II
- Mayer Brown LLP
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- European Union
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- December 21 2011
The EP has recently amended its schedule for consideration of the proposed Omnibus II Directive
European Commission letter to EIOPA regarding equivalence
- Mayer Brown LLP
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- Bermuda, European Union, Japan, Switzerland
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- December 21 2011
On 22 November 2011 the European Commission (the “Commission”) wrote to the European Insurance and Occupational Pensions Authority (“EIOPA”) thanking them for their assessments on the equivalence of the Swiss, Bermudan and Japanese solvency and prudential regimes
EIOPA publishes two consultation papers on reporting and public disclosure under Solvency II, and FSA publishes guides to the consultation papers
- Mayer Brown LLP
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- European Union, United Kingdom
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- December 8 2011
On 8 November 2011, the European Insurance and Occupational Pensions Authority (“EIOPA”) published two consultation papers in relation to reporting and public disclosure under Solvency II
Current Search
- Jurisdiction - European Union
- Firm Name - Mayer Brown LLP
- Workarea - Insurance & Reinsurance
- Author - Lawrence R. Hamilton
- Author - Martin Mankabady