The Committee on Economic and Monetary Affairs adopted the report by Roberto GUALTIERI (S&D, IT) on the draft Council decision on the conclusion of the Bilateral Agreement between the European Union and the United States of America on prudential measures regarding insurance and reinsurance.
The committee recommended the European Parliament to give its consent to the conclusion of the agreement.
The objective of the agreement is to enhance regulatory certainty in the application of insurance and reinsurance regulatory frameworks for insurers and reinsurers operating in the Union and the United States of America.