Amendments to the Solvency II Directive
Initiative
Official name
Directive (EU) 2025/2 of the European Parliament and of the Council of 27 November 2024 amending Directive 2009/138/EC as regards proportionality, quality of supervision, reporting, long-term guarantee measures, macro-prudential tools, sustainability risks and group and cross-border supervision, and amending Directives 2002/87/EC and 2013/34/EU
Type
Directive
Level 1
Initiator
EU
Submitted
22.09.2021
Doc. code
2025/2
Summary
Status
Status
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Current version
Final version
Next step
Entry into force and application
Entry into force
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Application date
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Scope
Associated initiatives
Level 1
Taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II)
(binding, Main version, EU)
Level 2
RTS on liquidity risk management plans
(binding, Supplement, EU)
RTS on factors for determining companies under dominant influence
(non-binding, Supplement, EU)
ITS for determining the methodology for the valuation of lifetime obligations with options and guarantees
(binding, Supplement, EU)
RTS on enhancing the supervision of cross-border activities
(non-binding, Supplement, EU)
RTS to specify the criteria for the identification of exceptional sector-wide shocks
(non-binding, Supplement, EU)
RTS on applicability criteria for macroprudential analysis
(binding, Supplement, EU)
Level 3 / Other
Opinion Solvency II Review 2020
(non-binding, EU)
Technical advice on the implementation of the new proportionality framework under Solvency II
(non-binding, EU)
EIOPA opinion on the scope of DORA in light of the review of the Solvency II framework
(non-binding, EU)
Revision of guidelines on the treatment of market and counterparty risk exposures in the standard formula
(binding, Supplement, EU)
Revision of guidelines on undertaking-specific parameters
(binding, Supplement, EU)
Source: EU, 2025/2, 2024