Database on German and European Economic Law

 Directive 2014/51/EU

I. Description

The  Solvency II Framework Directive (2009) on the financial position of insurance undertakings has had to be adapted in response to:

- new architecture for its implementing measures introduced in the Lisbon Treaty (2009)

- new financial supervision measures introduced in Regulation 1094/2010 establishing the European Insurance and Occupational Pensions Authority.

These changes are implemented through the “Omnibus II directive”.

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II. General Information

Title

Directive 2014/51/EU of the European Parliament and of the Council of 16 April 2014 amending Directives 2003/71/EC and 2009/138/EC and Regulations (EC) No 1060/2009, (EU) No 1094/2010 and (EU) No 1095/2010 in respect of the powers of the European Supervisory Authority (European Insurance and Occupational Pensions Authority) and the European Supervisory Authority (European Securities and Markets Authority)

Abbreviations
Omnibus II Directive
Status
Existing
Directive
2014/51/EU
Source
O.J. EU No L (Legislation), Edition 153, Year 2014, p.1
Adoption
04/16/2014
Promulgation
05/22/2014
Character
Regular Act
Legal Basis
Art. 50, 53, 62 und 114 AEUV
Legislative Procedure
Codecision procedure

III. Versions and Legislative History

1. Versions

Titel
Allg. Daten
Textfassung

Original Text Omnibus II Directive:
Directive 2014/51/EU of the European Parliament and of the Council of 16 April 2014 amending Directives 2003/71/EC and 2009/138/EC and Regulations (EC) No 1060/2009, (EU) No 1094/2010 and (EU) No 1095/2010 in respect of the powers of the European Supervisory Authority (European Insurance and Occupational Pensions Authority) and the European Supervisory Authority (European Securities and Markets Authority)

  2014/51/EU

Beschluss:
04/16/2014 (A)
Verkuendung:
05/22/2014 (P)
(A) Adoption | (P) Promulgation

2. Legislative History

Datum
Typ / Titel
Textfassungen
05/05/2011
Opinion of the European Economic and Social Committee
ABL 2011/C 218/82
05/04/2011
Opinion of the European Central Bank
ABL 2011/C 159/10
01/19/2011
Proposal
COM(2011) 8 final

3. Comments

Datum
Stellungnahme
Textfassungen
04/11/2011
Centrum für Europäische Politik (cep)
Comment on: Kommissionsvorschlag

4. Legal Impact

Auswirkungstyp
Richtlinie
Textfassungen
Amendment
  Regulation (EU) No 1094/2010
Amendment
  Regulation (EU) No 1095/2010
Amendment
  Directive 2009/138/EC
Amendment
  Regulation (EC) No 1060/2009
Amendment
  Directive 2003/71/EC

Legend

Legislative Act Status

Documents

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Overview

I. Description
II. General Information
III. Versions and Legislative History
1. Versions
2. Legislative History
3. Comments
4. Legal Impact