Optimism as Omnibus II trilogues recommence next week

Over the summer, Omnibus II discussions picked up speed at the EU Council. Draft papers reveal a more generous volatility balancer and extended transitional measures are in the pipeline. Industry representatives believe an agreement is within reach before the end of the parliamentary term. The stakes are high. Hugo Coelho reports

map-of-europe-and-eu-flag

Judging from their progress last year, a smooth conclusion to the Omnibus II negotiations that are recommencing after the summer recess might seem unlikely. Discussions on the directive that amends Solvency II had been derailed by seemingly irreconcilable differences between European member states.

This time, however, that might not be the case. One year after talks stalled over the treatment of long-term guarantees and were officially put on hold to give time for an additional impact assessment

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here