Consultation on draft RTS on valuation 3 - IRRD

This consultation focuses on the valuation of insurance or reinsurance undertakings and groups for the purposes of resolution, covering valuation 3. The draft RTS put forward methodologies for carrying out a valuation as soon as possible after the resolution action(s) have been taken to assess whether shareholders, policyholders, beneficiaries, claimants and other creditors would have received better treatment had the undertaking under resolution entered normal insolvency proceedings.