This major new practitioner work provides detailed analysis of the EU Directives 2001/17 and 2001/24 on the Reorganisation and Winding-up of Insurance Undertakings and Credit Institutions. Chapters cover the considerable impact both Directives have upon the role and the tasks of the supervisory authorities in the EU insurance and banking market (including their branches in other EU countries), the information to be provided to these authorities, the effects of the measures they can take, the law applicable to reorganisation measures and winding-up proceedings of these institutions. The book contains a detailed article-by-article commentary on both Directives themselves. In addition the work contains 18 separate surveys, within which local specialists describe and explain the specifics on the implementation of the Directives in their respective country.