Consultation on Guidelines on powers to remedy liquidity vulnerabilities - Solvency II Review

The Solvency II Review has introduced a mandate for EIOPA to develop Guidelines on supervisory measures aimed at addressing deficiencies in undertakings’ liquidity management. These proposed new Guidelines outline the form, activation and extent of powers that supervisors may exercise to reinforce the liquidity position of undertakings, and specify the conditions under which redemption rights may be temporarily suspended.