EC takes further action on IORPs slow movers

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EUROPE - Eleven member states have been sent Reasoned Opinion letters by the European Commission (EC) for failing to fully or, in some cases, even partially transpose the Institutions for Occupational Retirement Provision (IORP) Directive into their national laws.

Belgium, Cyprus, Czech Republic, Finland, France, Italy, Lithuania, Slovakia, Slovenia, Spain and the UK should have transposed the legislation, based on Directive 2003/41/EC, in its entirety, by S...

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