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Image header Agence Europe
Europe Daily Bulletin No. 13739
Contents Publication in full By article 19 / 30
ECONOMY - FINANCE - BUSINESS / Insurance

Insurance Europe calls for pause in implementation of Insurance Recovery and Resolution Directive

On Monday 27 October, the European insurance and reinsurance federation, Insurance Europe, called for an immediate pause in the implementation of the Insurance Recovery and Resolution Directive (IRRD), adopted by EU co-legislators in late 2024 (see EUROPE B13518A23). The Directive is to be transposed by EU Member States into national law by January 2027 and is intended to replace the existing framework for managing insurer failures in the EU.

However, Insurance Europe believes that the...

Contents

SECTORAL POLICIES
AGRICULTURE : European ministers continue to contest merging of CAP into a single fund for 2028-2034
FISHERIES: European ministers condemn overfishing by third countries in North East Atlantic
FISHERIES: Susan Steele reappointed head of European Fisheries Control Agency
CLIMATE: EU 2040 target - new draft compromise mentions “adequate” contribution from international carbon credits
CLIMATE: in 2024, EU and its Member States contributed almost €32 billion to financing climate action
COMPETITIVENESS: European Commission wants to gearshift to guarantee access to raw materials with ‘RESourceEU’
HOME AFFAIRS: European Commission signs United Nations Convention against Cybercrime on behalf of EU
HOME AFFAIRS: European Commission launches consultation to prepare Europol’s future mandate
TRANSPORT: EASA and ECHA strengthen their cooperation by updating their cooperation agreement
TRANSPORT: CLECAT calls for ambition to make freight transport more environmentally friendly to be maintained
Russian invasion of Ukraine
AGRICULTURE : European Commission and Ukraine hope that measures taken by EU countries banning Ukrainian products will be lifted
UKRAINE: ‘Coalition of Willing’ intends to further increase pressure on Russia
EXTERNAL ACTION
ASIA: António Costa calls for closer ties between EU and countries of South-East Asia
PARAGUAY: EU and Paraguay plan to step up cooperation
ECONOMY - FINANCE - BUSINESS
ECONOMY: European Court of Auditors gives mixed assessment of Next Generation EU’s contribution to improving business environment
MONEY LAUNDERING: FATF removes Burkina Faso, Mozambique, Nigeria and South Africa from its list of countries under increased monitoring
FINANCE/CLIMATE : Better Finance warns of counterproductive consequences of revised sustainable finance regulation
INSURANCE : European Commissioner Maria Albuquerque announces new technical rules for EU prudential framework
INSURANCE: Insurance Europe calls for pause in implementation of Insurance Recovery and Resolution Directive
NEWS BRIEFS
AGRICULTURE : European ministers divided over 6% target in EU strategy for young farmers
ECB: money supply in euro area rose by 2.8% year-on-year in September
PATENTS: EU Council adopts compulsory licencing regulation
EMPLOYMENT: EU Council definitively approves new operating rules for European works councils
ENERGY: EU Council does not oppose delegated act on ‘low-carbon’ hydrogen
ENVIRONMENT: Coceral calls for postponement of European deforestation regulation
UNITED STATES: European businesses want more stability in transatlantic relations, according to BusinessEurope survey
MEDIA: European Commission makes €13.8 million available for cross-border partnerships
RESEARCH: European Commission strengthens scientific collaboration between African Academy of Sciences and European Research Council
TERRORISM: EU renews sanctions against Daesh and al-Qaeda for another year
TRANSPORT: EU Council adopts agreements with European Parliament on river information services and exemption of zero-emission heavy duty vehicles from tolls