1.Member States shall inform the Commission and EIOPA of any general difficulties encountered by their insurance or reinsurance undertakings in establishing themselves and operating in a third country or pursuing activities in a third country.
2.The Commission shall, periodically, submit a report to the Council examining the treatment accorded, in third countries, to insurance or reinsurance undertakings authorised in the Community, as regards the following:
the establishment in third countries of insurance or reinsurance undertakings authorised in the Community;
the acquisition of holdings in third-country insurance or reinsurance undertakings;
the pursuit of insurance or reinsurance activities by such established undertakings;
the cross-border provision of insurance or reinsurance activities from the Community to third countries.
The Commission shall submit those reports to the Council, together with any appropriate proposals or recommendations.