The Economic and Financial Affairs Council, which will meet on Friday 17 June, is expected to adopt its compromise position on the amendment of the Solvency II Directive (2009/138) on the taking up and pursuit of the business of insurance and reinsurance in the European Union. At the last meeting of Member States’ ambassadors to the EU (Coreper), “the text as proposed was essentially accepted”, a source confirmed at a press briefing on Monday 13 June.
This proposal aims to review...