Post Brexit Access Ruling News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Following the end of the EU-UK transition period and the UK’s full withdrawal from the EU on December 31, 2020, (re-)insurance undertakings domiciled in the UK or Gibraltar have lost their European passporting rights that they previously had under Article 15(1) of Directive 2009/138/EC
Solvency II). Equally, those pension funds that were, under EU rules categorized as institutions for occupational retirement provision (
IORPs), domiciled in the UK or Gibraltar, have lost rights under Articles 11 and 12 of Directive (EU) 2016/2341
IORPs II Directive), notably those that previously allowed IORPs to operate on a cross-border basis without an establishment in a given EU Member State.  ....

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