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The report highlights the main findings drawn from CEIOPS Members' responses to the questionnaire on the “Regulatory Treatment of Third Country Re-insurance Undertakings and on Existing Equivalence Procedures”.
The Questionnaire comprised three parts:
Ø Part I posed questions on the regulatory treatment of third country reinsurance undertakings;
Ø Part II examined existing equivalence procedures; and
Ø Part III sought details of existing Memoranda of Understanding (‘MoU’).