Considerations on COM(2017)164 - Conclusion of the Bilateral Agreement with the USA on prudential measures regarding insurance and reinsurance

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dossier COM(2017)164 - Conclusion of the Bilateral Agreement with the USA on prudential measures regarding insurance and reinsurance.
document COM(2017)164 EN
date March 20, 2018
 
table>(1)In accordance with Council Decision (EU) 2017/1792 (2), the Bilateral Agreement between the European Union and the United States of America on prudential measures regarding insurance and reinsurance (‘the Agreement’) was signed on 22 September 2017, subject to its conclusion at a later date.
(2)The conclusion of the Agreement will lead to enhanced 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 as well as to improved protection for policyholders and other consumers through cooperation between supervisors on the exchange of information.

(3)The Agreement should be approved,