After many months of discussions, the MEPs on the European Parliament’s Committee on Economic and Monetary Affairs adopted, on Tuesday 18 July, their position (55 votes in favour, 3 against, one abstention) for the forthcoming interinstitutional negotiations (‘trilogues) on amending the ‘Solvency II’ Directive and establishing a framework for the recovery and resolution of insurance and reinsurance undertakings (IRRD) (44 votes in favour, 7 against, 8 abstentions) (see EUROPE...