21/12/2022 (Agence Europe) – On Tuesday 20 December, the Council of the European Union adopted its position on establishing a framework for the recovery and resolution of insurance and reinsurance companies (IRRD). In the text, it grants an observer role to the bank resolution authority or the insurance resolution authority in the resolution colleges, in order to be informed and consulted early enough in the process and in a structured way. The idea is to enable it to exercise its mandate...