DIRECTIVE 98/78/EC OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL
of 27 October 1998
on the supplementary supervision of insurance and reinsurance undertakings in an insurance or reinsurance group
THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty establishing the European Community, and in particular Article 57(2) thereof,
Having regard to the proposal from the Commission 1,
Having regard to the opinion of the Economic and Social Committee 2,
Acting in accordance with the procedure laid down in Article 189b of the Treaty 3,
HAVE ADOPTED THIS DIRECTIVE: