Slovenian National Assembly

Proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL amending Directive 2009/138/EC on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) as regards the dates of transposition and application and the date of repeal of certain Directives

Scrutiny details

Subsidiarity deadline: 28/11/2013
 
Scrutiny Information

Scrutiny date: 13/11/2013

Subsidiarity Concern:

No Important information to exchange

No Veto

Information on parliamentary scrutiny

Passed on to the Committee on Finance and Monetary Policy. The document has been discussed at its 72nd extraordinary meeting of 13 November 2013.

The Republic of Slovenia welcomes the Proposal for a Directive of the European Parliament and of the Council amending Directive 2009/138/EC on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) as regards the dates of transposition and application and the date of repeal of certain Directives (hereinafter: the draft directive). The draft directive stipulates later dates for transposition of Solvency II and its application, and also eliminates legal vacuum, because all of the rules of Solvency II and the delegated and implementing acts of the Commission had not yet been adopted. The introduction of incomplete rules would lead to legal uncertainty for supervisory authorities, undertakings and Member States. Therefore the Republic of Slovenia will in the process of adopting the draft directive support solutions that will ensure legal certainty.


Contact points for EU matters

IPEX Correspondents:
Phone: 00 386 478 9482  Email Mrs. Aleksandra-Saša Lavrič Phone: 00 386 478 9664  Email Ms. Polona Klemenčič
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