Omnibus II vote delayed until November
The key European Parliament vote on Omnibus II has been pushed back again by a month from October to 20 November.
However, the procedural delay has come as no surprise, given that no agreement was reached before the parliament's summer recess.
The sticking point in the last "trialogue" session held between the European Parliament, Council of Ministers and the European Commission in July concerned the long-term guarantee packages within Solvency II.
The focus has been on the controversial matching premium...
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