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Image header Agence Europe
Europe Daily Bulletin No. 7968
Contents Publication in full By article 19 / 39
GENERAL NEWS / (eu) eu/internal market

Commission takes action against several countries concerning insurance directive

Brussels, 18/05/2001 (Agence Europe) - The European Commission has decided to refer Belgium, France, Greece, Italy and Portugal to the Court of Justice for failing to notify measures taken for transposing the directive on insurance groups (98/78/EC) into national law. The directive concerns the complementary surveillance of insurance companies belonging to an insurance group and defines a certain number of common basic rules that determine the requirements of own funds necessary for...

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