Article 270 Information to the supervisory authorities

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Directive 2009/138/EC - Insurance and Reinsurance Directive (recast) (Solvency II)
Title IV Reorganisation and Winding-up of Insurance Undertakings (arts. 267-296)
Chapter II Reorganisation measures (arts. 269-272)
Article 270 Information to the supervisory authorities

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Version status: Applicable | Document consolidation status: Updated to reflect all known changes

Version date: 1 January 2016 - onwards

Version 3 of 3

The competent authorities of the home Member State shall inform as a matter or urgency the supervisory authorities of that Member State of their decision on any reorganisation measure, where possible before the adoption of such a measure and failing that immediately thereafter.

The supervisory authorities of the home Member State shall inform as a matter of urgency the supervisory authorities of all other Member States of the decision to adopt reorganisation measures including the possible practical effects of such measures.

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