Consultations and surveys

EIOPA organises written consultations in order to receive comments from all interested parties, including market participants, consumers and other end-users.

EIOPA invites interested parties to send any comments by email, within the indicated deadline, using the provided paper specific, customised template and quoting the reference of the consultation paper.

EIOPA will make all comments available on its website, except where respondents specifically request that their comments remain confidential.

EIOPA's rules on who, when and how it consults and how it responds are laid down in EIOPA's Statement of Consultation Practices.

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Supervision

Consultation on the revision of the Guidelines on Contract Boundaries

The Guidelines on contract boundaries promote a consistent application of an insurance or reinsurance contract boundary. A contract boundary specifies whether the additional cover arising from policyholders’ options is regarded as existing or future business. The new and amended guidelines provide...
Supervision

Consultation on the revision of the Guidelines on Valuation of Technical Provisions

The Guidelines on valuation of technical provisions aim to increase consistency and convergence of professional practice for all types and sizes of undertakings across the EU Member States and to support undertakings in calculating their technical provisions under Solvency II. In the new and...
Innovation

Consultation on technical advice on the development of pension dashboards and the collection of pensions data

The consultation paper on pensions dashboards sets out proposals for the development of pension dashboards, which will support the EU and the Member States in monitoring the adequacy and sustainability of pension systems. EIOPA invites stakeholders to provide feedback to this consultation paper by...
Innovation

Consultation on technical advice on pension tracking services

In this consultation paper EIOPA presents the development of best practices for the setting up a national pension tracking tool, an online application that will provide citizens with an overview of their future retirement income, based on their entitlements from all pension schemes in which they...
Stress test

Discussion paper on the Methodological Framework for Stress-Testing IORPs

The methodological framework for stress-testing IORPs sets out theoretical and practical rules, guidance and possible approaches to support future IORP stress test exercises. This conceptual approach is expected to make IORP stress test exercises more efficient, in particular for the IORPs to carry...
Risk-free rate | Solvency II

Consultation on the proposal for IBOR transitions

EIOPA welcomes comments on the consultation on Interbank Offered Rates (IBOR) transitions. EIOPA seeks to adopt a common approach for all currencies on the transition to the new rates in order to continue producing consistent RFR term structures. EIOPA will consider the feedback received and will...
Risk-free rate | Solvency II

Information request from national supervisory authorities on the impact of IBOR transitions

The information request on Interbank Offered Rates (IBOR) transitions is part of EIOPA’s work to incorporate the new OIS reference rates in the risk-free rate production. Insurance and reinsurance undertakings from the European Economic Area and subject to Solvency II are requested to provide...
Innovation

Discussion paper on blockchain and smart contracts in insurance

The aim of the paper is to provide a high-level overview of risks and benefits of blockchain and smart contracts in insurance from a supervisory perspective as well as to gather feedback from stakeholders. The feedback is welcome to all parts of discussion paper covering blockchain, smart contract...
Risk assessment | IORP

Consultation on draft Opinion on the supervision of long-term risk assessment by IORPs providing DC schemes

EIOPA welcomes comments on the draft Opinion on the supervision of long-term risk assessment by IORPs providing DC schemes. The Opinion aims at enhancing supervisory convergence in the supervision of risk management by IORPs providing DC schemes. The Opinion is provided to the competent authorities...
IORP

Consultation on draft Opinion on the supervisory reporting of costs and charges of IORPs

EIOPA welcomes comments on the draft Opinion on the supervisory reporting of costs and charges of Institutions for Occupational Retirement Provision (IORPs). The Opinion aims at enhancing supervisory convergence in the supervision of IORPs. The Opinion is provided to the competent authorities as...
Consumer protection

Consultation on framework to address value for money risk in the European unit-linked market

This consultation is a response to EIOPA’s repeatedly highlighted concerns that, while unit-linked products can and often do offer important benefits for policyholders, costs for some unit-linked products continue to remain too high. Existing concerns have been heightened by the COVID-19 crisis...
Supervision

Consultation on the proposal for revised Guidelines on the use of Legal Entity Identifier (LEI)

This Consultation Paper presents the draft revised Guidelines and background explanatory text. For ease of reference the existing LEI Guidelines are also included in Annex III. The analysis of the expected impact from the proposed policy is covered under Annex I (Impact Assessment). EIOPA will...