Commission Director General, Olivier Guersent, spoke on the Capital Markets Union action plan with particular attention to the Solvency 2 Delegated Act. Mr Guersent highlighted the main aspects of the Act as being the introduction of a new asset category (qualifying infrastructure investments) and the extended application of the “equity transitional period” to unlisted equities. He said he expects further Solvency 2 technical standards (TS) on reporting, disclosure and transparency within weeks, and announced the Commission’s intention to modify draft standards on mapping of ratings by rating agencies. (Source:Commission discusses insurance sector)