| Author (Corporate) | European Commission: Press and Communication Service |
|---|---|
| Series Title | Press Release |
| Series Details | IP/02/800 (3.6.02) |
| Publication Date | 03/06/2002 |
| Content Type | News |
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The European Commission welcomed on 3 June 2002 the unanimous adoption by the Council of a common position on a proposal for a Directive that will simplify European legislation on life insurance by recasting into a single text all the existing directives in this area. The common position also incorporates the provisions of Directive 2002/12/EC of 14 February 2002 (see IP/02/252) amending Directive 79/267/EEC as regards solvency margin requirements. The proposal will now return to the European Parliament for a second reading. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/02/800&format=HTML&rapid=0&language=EN&guiLanguage=en |
| Subject Categories | Business and Industry, Internal Markets |
| Countries / Regions | Europe |