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Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (recast) (Text with EEA relevance) article 296 CELEX: 02009L0138-20250117 Treatment of branches of third-country insurance undertakings
Where a third-country insurance undertaking has branches established in more than one Member State, each branch shall be treated independently with regard to the application of this Title.
The competent authorities and the supervisory authorities of those Member States shall endeavour to coordinate their actions.
Any administrators or liquidators shall likewise endeavour to coordinate their actions. |