The Council of the EU has published:

  • a press release announcing that, in its configuration as the Transport, Telecommunications and Energy Council, it has adopted the proposed Directive extending the transposition and application dates of the Solvency II Directive (Second Quick Fix Directive). The Second Quick Fix Directive is now awaiting publication in the Official Journal of the EU. It will extend to 1 January 2016 the deadline for the application of Solvency II and its transposition into national law. The European Parliament is next expected to consider and vote on the proposed Omnibus II Directive at first reading during its plenary session to be held from 24 to 27 February 2014; and
  • a note on the voting result for the Second Quick Fix Directive published by the Council confirming that the Council voted unanimously to adopt the text of the Directive that it published on 1 December 2013.

View Press release: 3278th Council meeting – Transport, Telecommunications and Energy (provisional version), 5 December 2013

View Voting result – Directive of the European Parliament and of the Council amending Directive 2009/138/EC (Solvency II) as regards the date for its transposition and the date of its application, and the date of repeal of certain Directives (Solvency I) [First reading], 1 December 2013