P9_TA(2024)0295 – Amendments to the Solvency II Directive – European Parliament legislative resolution of 23 April 2024 on the proposal for a directive of the European Parliament and of the Council amending Directive 2009/138/EC as regards proportionality, quality of supervision, reporting, long-term guarantee measures, macro-prudential tools, sustainability risks, group and cross-border supervision (COM(2021)0581 – C9-0367/2021 – 2021/0295(COD)) (Ordinary legislative procedure: first reading)
Date: 2024-04-23
Institutions: Committee on Economic and Monetary Affairs, Committee on Legal Affairs, Committee on the Environment, Climate and Food Safety, European Parliament
Subjects: financial requirements, financial risk, financial solvency, financial supervision, insurance company, insurance law, principle of proportionality, reinsurance, right of establishment, risk management




C_202503722EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2025/3722


17.9.2025






P9_TA(2024)0295

Amendments to the Solvency II Directive


European Parliament legislative resolution of 23 April 2024 on the proposal for a directive of the European Parliament and of the Council amending Directive 2009/138/EC as regards proportionality, quality of supervision, reporting, long-term guarantee measures, macro-prudential tools, sustainability risks, group and cross-border supervision (COM(2021)0581 – C9-0367/2021 – 2021/0295(COD))


(Ordinary legislative procedure: first reading)

(C/2025/3722)



The European Parliament,







—


having regard to the Commission proposal to Parliament and the Council (COM(2021)0581),










—


having regard to Article 294(2) and Article 53(1), Article 62 and Article 114 of the Treaty on the Functioning of the European Union, pursuant to which the Commission submitted the proposal to Parliament (C9-0367/2021),










—


having regard to Article 294(3) of the Treaty on the Functioning of the European Union,










—


having regard to the opinion of the European Economic and Social Committee of 23 February 2022
                   (1),










—


having regard to the provisional agreement approved by the responsible committee under Rule 74(4) of its Rules of Procedure and the undertaking given by the Council representative by letter of 24 January 2024 to approve Parliament’s position, in accordance with Article 294(4) of the Treaty on the Functioning of the European Union,










—


having regard to Rule 59 of its Rules of Procedure,










—


having regard to the report of the Committee on Economic and Monetary Affairs (A9-0256/2023),










1.


Adopts its position at first reading hereinafter set out;










2.


Calls on the Commission to refer the matter to Parliament again if it replaces, substantially amends or intends to substantially amend its proposal;










3.


Instructs its President to forward its position to the Council, the Commission and the national parliaments.







(1)  
            OJ C 275, 18.7.2022, p. 45.





P9_TC1-COD(2021)0295

Position of the European Parliament adopted at first reading on 23 April 2024 with a view to the adoption of Directive (EU) 2025/… of the European Parliament and of the Council 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



(As an agreement was reached between Parliament and Council, Parliament's position corresponds to the final legislative act, Directive (EU) 2025/2.)




ELI: http://data.europa.eu/eli/C/2025/3722/oj
ISSN 1977-091X (electronic edition)