This Decision applies to the authorities of the Member States of the European Economic Area (EAA) competent for the supervision of insurance and reinsurance undertakings on the basis of Directive 2009/138/EC ("Solvency II Directive").
This Decision applies to the competent authorities intending to uphold practical cooperation between national administrative services for the purpose of facilitating the supervision of insurance and reinsurance distributors within the European Economic Area based on the Insurance Distribution Directive 2016/97/EC.