6 Solvency II Timetable for Directive development (Commission) CEIOPS work on technical advice necessary for implementing measures / supervisory convergence / preparation for implementation / training & development Directive adoption (Council & Parliament) Implementation (Member states) QIS 2 July 2007 Solvency II Proposal - Adopted Directive published in December 2009 QIS 3 Commission preparatory work implementing measures Adoption of implementing measures QIS 4 October 2012 Solvency II enters into force QIS 5
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