It also means that the scope of the resolution regime not only  6  focuses on systemic insurers. But also on the insurers that can have an impact on the Dutch society, financial markets and economy. Part III: Governance Instruments, rules and tests are important. But they could become dead letters when it isn’t clear who should do what at what moment.
So, I’m glad the new resolution regime also introduces a specific governance model. This is the third feature that may be of interest to you. In this respect I will first discuss the decision‐making process, and then proceed to the internal organization. As you may know, our governing board is a collegial body that takes decisions by consensus.