Public consultation on the revised Decision on EIOPA's regular information request towards NCAs regarding the provision of occupational pensions information
The aim of the public consultation is to improve IORPs reporting focusing on emerging risks and new challenges and issues observed by NCAs and pensions industry since its first implementation in 2018. In the consultation package EIOPA proposes to amend its current Decision by including the...
Final Reports on the revision of EIOPA Guidelines on Contract Boundaries and Guidelines on the Valuation of Technical Provisions
During the 2020 review of Solvency II EIOPA identified several divergent practices regarding contract boundaries assessment and the valuation of best estimate, as presented in the analysis background document to EIOPA’s Opinion on the 2020 review of Solvency II. Divergent practices require...
In 2021, the Joint Committee under the chairmanship of the ESMA, continued to have a central role for the coordination and exchange of information between the European Supervisory Authorities (ESAs), the European Commission (EC) and the European Systemic Risk Board (ESRB). The main areas of cross-...
The report highlights the increasing vulnerabilities across the financial sector as well as the rise of environmental and cyber risks. It also includes a preliminary assessment of the consequences of Russia's invasion of Ukraine.
Sustainability | IDD
Public consultation on draft Guidelines on integrating the customer’s sustainability preferences in the suitability assessment under the IDD
EIOPA’s draft Guidelines provide guidance on: How to help customers better understand the concept of “sustainability preferences” and their investment choices; The collection of information on sustainability preferences from customers; How to match customer preferences with products, based on the...
Stress test | Disclosure
Opinion to institutions of the European Union on individual disclosures in the context of EU-wide stress test exercises
The present Opinion calls for a consistent and disciplined communication of individual stress test results to enhance market discipline, increase stress test participants’ commitment and contribute to a level playing field among insurers and across the financial sector.
The aim of the statement is to ensure that a high-quality and convergent supervision is applied to run-off undertakings and portfolios while taking into account their specific nature and risks, the principle of proportionality and the prudent person principle.
Reporting | Disclosure
The amendments have been publicly consulted in 2021 and based on the feedback received further reviewed and in many cases changes introduced in line with the comments received. The current draft is considered by EIOPA balanced and is expected to bring several benefits, which will ultimately lead to...
Sustainability | Disclosure
Updated Joint ESA Supervisory Statement on the application of the Sustainable Finance Disclosure Regulation
This document outlines EIOPA's recommendations to supervisors and insurers based on the learnings and experience of the 2021 Insurance Stress Test.
Supervision | Digitalisation
The European Supervisory Authorities (EBA, ESMA and EIOPA – the ESAs) warn consumers that many crypto-assets are highly risky and speculative. The ESAs set out key steps consumers can take to ensure they make informed decisions. This warning comes in the context of growing consumer activity and...
Supervision | Supervisory framework
One of the main goals of EIOPA is to ensure a high, effective and consistent level of supervision across Europe, with the aim of guaranteeing a similar level of protection of policyholders and beneficiaries across jurisdictions, preventing supervisory arbitrage and guaranteeing a level playing...
This report sets out the findings and advice of the ESAs in response to the European Commission’s Call for Advice on digital finance and related issues. It covers cross-sectoral and sector-specific market developments in the three key areas identified in the Call for Advice, and the risks and...
Financial literacy and education
The repository contains 127 national initiatives that provide consumers with helpful information on how to improve their financial literacy. If you are interested in initiatives aimed to help consumers find their way in the insurance and pensions sectors, check our Financial education map .
The consultation is a response to a Call for advice , which the European Commission sent to EIOPA in July 2021. The Call for advice relates to the implementation of the European Commission’s Capital Markets Union Action Plan and, more specifically, its Retail Investment Strategy, which aims to...
ESAs statement on ESRB Recommendation on a pan-European systemic cyber incident coordination framework
Risk assessment | Stress test
The methodological paper focuses on the climate change component and is a further step in enhancing EIOPA’s stress testing framework. In particular, the paper sets out methodological principles that can be used to design bottom-up stress test exercises that aim to assess the vulnerability of...