The Commission has published a provisional version of the "Omnibus II" Directive which will amend existing legislation to take account of the new supervisory structure. This version addresses changes to Solvency II and the Prospectus Directive. (Source: IP/11/49 and Proposal for a Directive of the European Parliament and of the Council amending Directives 2003/71/EC and 2009/138/EC in respect of the powers of the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority (ESMA))