EUROPE - The European Commission (EC) has sent letters of formal notice to the Czech Republic, Hungary and Poland for failing to properly transpose a pensions directive on the supervision of institutions for occupational retirement provision.
The EC said it had given the countries two months to respond to the notice for "incomplete transposition" of Directive 2003/41/EC. It said the three countries "appeared to take the view" they w...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date