Recital 16

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

(16) In order to ensure that resolution authorities are kept informed and consulted sufficiently early in the process and in a structured way which allows them to exercise their mandate in an informed and consistent way, insurance and reinsurance and banking resolution authorities should be invited as observers to each other’s resolution colleges. This is particularly important in the context of pre-emptive recovery planning and resolution planning as well as for the assessment of whether the conditions for resolution are met and, finally, when taking resolution actions in relation to one or more entities that are part of financial conglomerates. To build on the experience gained, the Commission should review the relevant provisions of this Directive by five years after its entry into force.

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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.