Recital 15

Directive (EU) 2025/1 of the European Parliament and of the Council of 27 November 2024 establishing a framework for the recovery and resolution of insurance and reinsurance undertakings and amending Directives 2002/47/EC, 2004/25/EC, 2007/36/EC, 2014/59/EU and (EU) 2017/1132 and Regulations (EU) No 1094/2010, (EU) No 648/2012, (EU) No 806/2014 and (EU) 2017/1129 (Text with EEA relevance) · European Union

(15) Both sectoral legislative frameworks have created independent decision-making powers for the respective authorities. Consequently, the insurance and reinsurance and banking resolution authorities should act on an equal footing. For the performance of the resolution tasks, it is paramount that the insurance and reinsurance and banking resolution authorities inform one another and cooperate in good faith. The information-sharing requirements prescribed by this Directive should facilitate that cooperation. Therefore, the insurance and reinsurance and banking resolution authorities as well as the respective insurance and reinsurance and banking supervisory authorities should, without delay, exchange information considered necessary for the performance of their respective tasks.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-14 · Text as adopted (Official Journal); later amendments are not incorporated in this text.