Activities of Daniel DĂIANU related to 2007/0143(COD)
Plenary speeches (1)
Credit Rating Agencies - Reporting and documentation requirements in the case of merger and divisions - Insurance and reinsurance (Solvency II) (recast) (debate)
Amendments (7)
Amendment 120 #
Proposal for a directive
Recital 93 a (new)
Recital 93 a (new)
(93a) The application of the Solvency II regime should concern all pension activities, achieving greater consumer protection and confidence.
Amendment 589 #
Proposal for a directive
Article 236 – paragraph 2
Article 236 – paragraph 2
2. Where the Solvency Capital Requirement of the subsidiary is calculated on the basis of an internal model approved at group level in accordance with Article 229 and the supervisory authority having authorised the subsidiary considers that its risk profile deviates significantly from this internal model, and as long as that undertaking does not properly address the concerns of the supervisory authority, that authority may, in the cases referred to in Article 37, propose to the group supervisor to impose a capital add-on to the Solvency Capital Requirement of that subsidiary resulting from the application of such model, or, in exceptional circumstances where such capital add-on would not be appropriate, to require that undertaking to calculate its Solvency Capital Requirement on the basis of the standard formula. The supervisory authority will decide together with the group supervisor on the necessary measures to impose in each case. The supervisory authority shall communicate the grounds for such proposals to both the subsidiary and the group supervisor.
Amendment 593 #
Proposal for a directive
Article 236 – paragraph 3 – subparagraph 1
Article 236 – paragraph 3 – subparagraph 1
3. Where the Solvency Capital Requirement of the subsidiary is calculated on the basis of the standard formula and the supervisory authority having authorised the subsidiary considers that its risk profile deviates significantly from the assumptions underlying the standard formula, and as long as that undertaking does not properly address the concerns of the supervisory authority, that authority may, in the cases referred to in Article 37, propose to and decide, together with the group supervisor, to impose a capital add- on to the Solvency Capital Requirement of that subsidiary.
Amendment 607 #
Proposal for a directive
Article 236 – paragraph 4 – subparagraph 1
Article 236 – paragraph 4 – subparagraph 1
4. Where the supervisory authority and the group supervisor disagree, or in the absence of a decision from the group supervisor within one month from the proposal of the supervisory authority, the matter shall be referred for consultation to the Committee of European Insurance and Occupational Pensions Supervisors, which shall give its advicemake a proposal within two months.
Amendment 610 #
Proposal for a directive
Article 236 – paragraph 4 – subparagraph 2
Article 236 – paragraph 4 – subparagraph 2
Amendment 619 #
Proposal for a directive
Article 236 – paragraph 4 – subparagraph 3
Article 236 – paragraph 4 – subparagraph 3
In the absence of a joint final decision from the group supervisor and the supervisory authority within one month from the date of the adviceproposal of the Committee of European Insurance and Occupational Pensions Supervisors, the proposal from the supervisory authorityCommittee shall be deemed to have been accepted. The proposal will become binding for both the supervisory authority and the group supervisor.
Amendment 758 #
Proposal for a directive
Article 248 – paragraph 2 - subparagraph 3
Article 248 – paragraph 2 - subparagraph 3
The risk concentrations shall be subject to supervisory review by the group supervisor at group level and by the supervisory authority for the subsidiaries.