Local view for "http://purl.org/linkedpolitics/eu/plenary/2001-09-04-Speech-2-197"
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"en.20010904.9.2-197"2
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". – As a result of many complaints in conjunction with a number of petitions lodged by EU citizens with the Committee of Petitions of Parliament, the Commission has been examining very carefully whether the requirements of the first non-life insurance directive have been properly transposed and implemented with regard to the association of underwriters know as Lloyd's.
To date the Commission is unable to confirm that all requirements of the first non-life insurance directive have been fully respected with regard to Lloyd's. The situation is extremely complex. There are a number of specific provisions in the directive concerning Lloyd's that are clearly reflected in UK national legislation.
The Commission is seeking to complete its inquiries as quickly as possible. These inquiries are now very close to completion whereupon a decision will be taken, either to close the case or to launch formal infringement proceedings under Article 226. The Commission will inform Parliament of its decision as soon as it has been taken."@en1
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