Omnibus II Directive

E554131

The Omnibus II Directive is a European Union legislative act that updated and refined the Solvency II framework for insurance and reinsurance regulation, particularly in areas such as transitional measures, supervisory powers, and implementation timelines.

All labels observed (1)

Label Occurrences
Omnibus II Directive canonical 1

How this entity was disambiguated

Statements (45)

Predicate Object
instanceOf EU legislative act ⓘ
European Union directive ⓘ
adoptedBy Council of the European Union ⓘ
European Parliament ⓘ
aimsTo enhance financial stability in the insurance sector ⓘ
ensure smooth transition to Solvency II regime ⓘ
harmonise implementation of Solvency II across Member States ⓘ
improve policyholder protection ⓘ
alsoKnownAs Omnibus II ⓘ
amends Directive 2009/138/EC ⓘ
Solvency II Directive ⓘ
appliesTo insurance undertakings in the European Union ⓘ
reinsurance undertakings in the European Union ⓘ
contains provisions on cooperation between supervisory authorities ⓘ
provisions on emergency situations in insurance supervision ⓘ
provisions on supervisory reporting and public disclosure ⓘ
rules on long-term guarantee package ⓘ
transitional provisions for equity risk measures ⓘ
transitional provisions for risk-free interest rate term structure ⓘ
transitional provisions for technical provisions ⓘ
fullName Directive 2014/51/EU ⓘ
jurisdiction European Union ⓘ
language all official languages of the European Union ⓘ
legalBasis Treaty on the Functioning of the European Union ⓘ
policyArea financial services ⓘ
insurance regulation ⓘ
prudential supervision ⓘ
reinsurance regulation ⓘ
region European Economic Area ⓘ
regulates group solvency calculation ⓘ
phasing-in of Solvency II capital requirements ⓘ
treatment of participations and ring-fenced funds ⓘ
use of internal models under Solvency II ⓘ
relatedTo EU financial services regulatory reform after the financial crisis ⓘ
European Insurance and Occupational Pensions Authority ⓘ
strengthens powers of national supervisory authorities ⓘ
subject Solvency II framework ⓘ
group supervision of insurance undertakings ⓘ
implementation timelines for Solvency II ⓘ
long-term guarantees measures ⓘ
own funds and capital requirements adjustments ⓘ
reporting and disclosure requirements under Solvency II ⓘ
role of the European Insurance and Occupational Pensions Authority ⓘ
supervisory powers of insurance regulators ⓘ
transitional measures for insurers ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Solvency II Directive → amendedBy → Omnibus II Directive ⓘ