Read FERMA's position on captives
FERMA’s information paper Guidelines for BEPS on captive (re)insurance arrangements has been shortlisted for the European and UK Captive Awards 2017 in the category for BEPS-related initiatives.
The EU and United States have signed the landmark bilateral (re)insurance agreement first announced in January 2017. It addresses three areas of prudential regulation: group supervision, reinsurance collateral and the exchange of information between supervisory authorities.
On 20 June, FERMA has released proposed guidelines for captive (re)insurance arrangements in order to ensure a consistent implementation of the OECD recommendations on Base Erosion and Profit Shifting (BEPS).