EU competition law and the financial services sector
CHAPTER 4
THE RECENT PAST SCENARIO: REGULATION 358/2003
4.1 REGULATION 358/2003
Six years after the entry into force of Regulation 3932/92, the European Commission released a report on the operation of the new block exemption regulatory framework.1
2 The aim of the report was to assess the practical impact of the exemption in the insurance sector with the view to operate changes and review Regulation 3932/92.3