MEP vote on Omnibus II postponed until July

Delay to plenary vote ‘will provide crucial additional time to negotiate contentious issues’

European Parliament

The European Parliament's plenary vote on Omnibus II has been postponed by nearly three months until early July in order to allow sufficient time for the crucial negotiations between the European institutions.

The vote, which was originally scheduled for April 17, will now take place between July 2 and July 5, a spokesman for the European Parliament confirmed.

The plenary vote by MEPs, which will approve Omnibus II, is a key step to finalising Solvency II's level 1 text.

The rescheduling of the

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