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Europe Daily Bulletin No. 7729

17 June 2000
Contents Publication in full By article 21 / 46
GENERAL NEWS / (eu) eu/financial services
Political agreement by the Fifteen on procedures for the winding up or reorganisation of insurance companies paves the way to better protection of the insured

Brussels, 31/05/2000 (Agence Europe) - The Internal Market Council came to political agreement, on 25 May, on the directive on procedures to be followed in cases of the winding up or reorganisation of insurance companies. The text establishes that, in the event of the winding up of an insurance company with branches in several Member States, a single winding-up procedure will be opened in the Member State where the registered office of the establishment (state of origin) is located, in...

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THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION