• Implementation plans and monitoring, evaluation and reporting arrangements
The Commission will monitor progress towards achieving the specific objectives based on the non-exhaustive list of indicators in Section 8 of the accompanying impact assessment.
Five years after implementation, the Commission will carry out the next evaluation of the amendments of this proposal, in line with the Commission's Better Regulation Guidelines.
This proposal does not require an implementation plan.
• Explanatory documents (for directives)
No explanatory documents are considered necessary.
• Detailed explanation of the specific provisions of the proposal
General structure of the proposal
This Omnibus amending Directive consists of five main sections referring to the different Directives to be amended. Article 1 of the proposal contains amendments to MiFID, while Article 2 proposes amendments to IDD. Article 3 contains amendments to Solvency II, while Articles 4 and 5 propose changes to UCITS an
…