Public Consultation on the Development of a National Resolution Framework for (re)Insurers
The Department of Finance, in collaboration with the Central Bank of Ireland, has invited submissions (by 30 November 2021) on the possible development of a resolution framework for insurers and reinsurers. William Fry's insurance team summarise the key aspects of the consultation paper.

 

Following the introduction of Irish regulations earlier this year requiring pre-emptive recovery planning by insurers and reinsurers, the industry has been anticipating legislative and regulatory developments in the area of resolution planning. Proposals for a new directive have been put forward by the European Commission in recent weeks, but this briefing focuses specifically on the contents of the Department of Finance / Central Bank of Ireland consultation paper that is open until 30 November 2021. 

Click here or on the image below to download our full briefing. 

Public Consultation on the Development of a National Resolution

 

Key Contacts

Eoin Caulfield Partner

Ian Murray Partner

Mike Frazer Consultant

Related Practice Areas