Statement by Gabriel Bernardino, Chairman of EIOPA, regarding the Trilogue agreement on the Omnibus II Directive

The European Insurance and Occupational Pensions Authority (EIOPA) welcomes
the trilogue agreement on the Omnibus II Directive. Omnibus II and the
clarity over the Solvency II implementation timeline have been long
awaited and will certainly contribute to the strengthening of insurance
supervision in Europe.

This agreement is of extreme importance for EIOPA as a European
institution, because it allows the Authority to fully perform its tasks
related to the promotion of supervisory convergence and consistent
supervisory practices.


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