Recovery and resolution of (re)insurance undertakings (IRRD)

Topic area:
Status: 29.04.2024 |
Current
Key words:
Recovery, Resolution, Main version, Amendment
Initiative
Official name
Establishing a framework for the recovery and resolution of insurance and
reinsurance undertakings
European Parliament legislative resolution of 23 April 2024 on the proposal for a directive of the European Parliament and of the Council establishing a framework for the recovery and resolution of insurance and reinsurance undertakings and amending Directives 2002/47/EC, 2004/25/EC, 2009/138/EC, (EU) 2017/1132 and Regulations (EU) No 1094/2010 and (EU) No 648/2012 (COM(2021)0582 – C9-0365/2021 – 2021/0296(COD))
Type
Directive
Level 1
Initiator
EU
Submitted
22.09.2021
Doc. code
COM(2021)0582 – C9-0365/2021 – 2021/0296(COD)
Summary
Status
Status

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Current version
Text adopted by European Parliament
23.04.2024
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
–
Level 3 / Other
Working Paper on the Directive on the Recovery and Resolution of Insurance Companies (non-binding, EU)

Source: EU, COM(2021)0582 – C9-0365/2021 – 2021/0296(COD), 2024