EIOPA Issues Sound Principles For Crisis Prevention, Management And Resolution
DECEMBER 01, 2014
- EIOPA aims to ensure that national supervisors develop their crisis prevention, management and resolution frameworks in a co-ordinated and consistent way;
- EIOPA’s 14 sound principles reflect prudent practices and references for the insurance sector to be considered by NCAs when reviewing and further developing their frameworks;
- EIOPA will engage in a follow-up exercise with NCAs on this Opinion;
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