Decision Review

Cross Border Reorganisation and Bankruptcy of Direct Insurance Undertakings in EC Within the Scope of Title IV of Solvency II Directive

Volume: 37 Number: 2 December 15, 2017
  • Gülin Güngör
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Cross Border Reorganisation and Bankruptcy of Direct Insurance Undertakings in EC Within the Scope of Title IV of Solvency II Directive

Abstract

Solvency II directive also includes rules on cross-border reorganisation and winding-up of direct insurance undertakings within the EC. The main source of the relevant rules is the repealed directive 2001/17/EC which had been both reviewed and revaluated before having put its rules under Title IV of the Solvency II Directive. Progress in the field of EC conflict of laws (Rome I, Rome II) has produced its effects on the applicable law through dependant choice-of-law rules included in the directives. The choice-of-law rules that the dependant choice of law rules in the directives are linked to has been changed considerably by the entry into force of the Rome I and II regulations.

Keywords

References

  1. ACAR, O., Avrupa Birliği Solvency II Projesi, Editörün Notu, Türkiye Sigorta ve Reasürans Şirketleri Birliği, http://www.tsb.org.tr/images/ Documents/SolvencyII.pdf.
  2. ARAT, T., Ticaret Şirketlerinin Tâbiiyeti, Ankara 1970.
  3. Council Regulation (EC) No 2157/2001 of 8 October 2001 on the Statute for a European Company (SE), O.J. L 294/1, 10/11/2001.
  4. Directive 2001/17/EC of the European Parliament and of the Council of 19 March 2001 on the reorganisation and winding-up of insurance undertakings, O.J. L 110/28 20/04/2001.
  5. Directive 2001/24/EC of the European Parliament and of the Council of 4 April 2001 on the reorganisation and winding up of credit institutions (m.23), O.J. L 125, 05/05/2001.
  6. Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments amending Council Directives 85/611/EEC and 93/6/EEC and Directive 2000/12/EC of the European Parliament and of the Council and repealing Council Directive 93/22/EEC, O.J. L 145, 30/04/2004 (MiFID I).
  7. Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (recast) (Text with EEA relevance), OJ. L 335/1, 17/12/2009.
  8. Directive 2014/51/EU of the European Parliament and of the Council of 16 April 2014 amending Directives 2003/71/EC and 2009/138/EC and Regulations (EC) No 1060/2009, (EU) No 1094/2010 and (EU) No 1095/2010 in respect of the powers of the European Supervisory Authority (European Insurance and Occupational Pensions Authority) and the European Supervisory Authority (European Securities and Markets Authority), O.J. L 153/1, 22/05/2014.

Details

Primary Language

English

Subjects

Law in Context

Journal Section

Decision Review

Authors

Gülin Güngör This is me
Türkiye

Publication Date

December 15, 2017

Submission Date

May 22, 2017

Acceptance Date

October 24, 2017

Published in Issue

Year 2017 Volume: 37 Number: 2

IZ

https://izlik.org/JA24MJ59RC

Cite

RIS / Bibtex
APA
Güngör, G. (2017). Cross Border Reorganisation and Bankruptcy of Direct Insurance Undertakings in EC Within the Scope of Title IV of Solvency II Directive. Milletlerarası Hukuk Ve Milletlerarası Özel Hukuk Bülteni, 37(2), 439-472. https://izlik.org/JA24MJ59RC
AMA
1.Güngör G. Cross Border Reorganisation and Bankruptcy of Direct Insurance Undertakings in EC Within the Scope of Title IV of Solvency II Directive. Milletlerarası Hukuk ve Milletlerarası Özel Hukuk Bülteni. 2017;37(2):439-472. https://izlik.org/JA24MJ59RC
Chicago
Güngör, Gülin. 2017. “Cross Border Reorganisation and Bankruptcy of Direct Insurance Undertakings in EC Within the Scope of Title IV of Solvency II Directive”. Milletlerarası Hukuk Ve Milletlerarası Özel Hukuk Bülteni 37 (2): 439-72. https://izlik.org/JA24MJ59RC.
EndNote
Güngör G (December 1, 2017) Cross Border Reorganisation and Bankruptcy of Direct Insurance Undertakings in EC Within the Scope of Title IV of Solvency II Directive. Milletlerarası Hukuk ve Milletlerarası Özel Hukuk Bülteni 37 2 439–472.
IEEE
[1]G. Güngör, “Cross Border Reorganisation and Bankruptcy of Direct Insurance Undertakings in EC Within the Scope of Title IV of Solvency II Directive”, Milletlerarası Hukuk ve Milletlerarası Özel Hukuk Bülteni, vol. 37, no. 2, pp. 439–472, Dec. 2017, [Online]. Available: https://izlik.org/JA24MJ59RC
ISNAD
Güngör, Gülin. “Cross Border Reorganisation and Bankruptcy of Direct Insurance Undertakings in EC Within the Scope of Title IV of Solvency II Directive”. Milletlerarası Hukuk ve Milletlerarası Özel Hukuk Bülteni 37/2 (December 1, 2017): 439-472. https://izlik.org/JA24MJ59RC.
JAMA
1.Güngör G. Cross Border Reorganisation and Bankruptcy of Direct Insurance Undertakings in EC Within the Scope of Title IV of Solvency II Directive. Milletlerarası Hukuk ve Milletlerarası Özel Hukuk Bülteni. 2017;37:439–472.
MLA
Güngör, Gülin. “Cross Border Reorganisation and Bankruptcy of Direct Insurance Undertakings in EC Within the Scope of Title IV of Solvency II Directive”. Milletlerarası Hukuk Ve Milletlerarası Özel Hukuk Bülteni, vol. 37, no. 2, Dec. 2017, pp. 439-72, https://izlik.org/JA24MJ59RC.
Vancouver
1.Gülin Güngör. Cross Border Reorganisation and Bankruptcy of Direct Insurance Undertakings in EC Within the Scope of Title IV of Solvency II Directive. Milletlerarası Hukuk ve Milletlerarası Özel Hukuk Bülteni [Internet]. 2017 Dec. 1;37(2):439-72. Available from: https://izlik.org/JA24MJ59RC