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Legal briefing

Engagement policy and investment strategy of life insurance and reinsurance companies regarding listed companies following the publication of RD 288/2021

19/05/2021

In this Legal Briefing we analyse the amendments introduced by this reform to the engagement policy and investment by insurance and reinsurance companies.

On 21 April 2021, Royal Decree 288/2021 of 20 April amending Royal Decree 1060/2015 of 20 November on the regulation, supervision and solvency of insurance and reinsurance companies, was published in the Official State Bulletin.

RD 288/2021 aims to partially transpose (a) Directive (EU) 2017/828, amending Directive 2007/36/EC regarding the promotion of long-term shareholder engagement; and (b) Directive (EU) 2019/2177, concerning the Insurance Sector.

The entire content of the Legal Briefing can be found in the PDF.

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