An EU recovery & resolution regime for insurance; Note for discussion: 5 March 2015 EGBPI
This procedure concerns the establishment of an EU-wide framework for managing the recovery and resolution of insurance companies. It aims to ensure financial stability and protect policyholders across the Union. The regime will affect insurance undertakings, financial supervisors, and policyholders. It provides tools to manage failing insurers, preventing wider economic disruption and safeguarding consumer interests.