Regulation on the taking-up and pursuit of the business of insurance and reinsurance (Solvency II)

This procedure corrects a technical error in the Romanian translation of rules governing insurance and reinsurance businesses within the EU. It ensures legal accuracy and consistent application of the Solvency II framework across member states.

The correction affects insurance and reinsurance companies operating in Romania, ensuring they comply with the correct legal text. This maintains a level playing field and protects policyholders.