AAE           Actuarial Association of Europe
AIP            Annual implementation plan
AMICE     Association of Mutual Insurers and Insurance Cooperatives in Europe
AMSB      Administrative management or supervisory board
ATD         Access to documents
AWP        Annual work programme
BFI           Berufsförderungsinstitut/vocational training institute
BIPAR     Bureau international des producteurs d’assurances et de réassurances/European Federation of Insurance Intermediaries
BoS        Board of Supervisors
CDD      Customer due diligence
CSDB    Centralised securities database
DB         Defined benefit
DGB      Deutscher Gewerkschaftsbund/German Trade Union Confederation
DNB      De Nederlandsche Bank
DVA      Dynamic volatility adjustment
EBA       European Banking Authority
ECA       European Court of Auditors
ECAI      External credit-assessment institutions
ECB       European Central Bank
EEA       European Economic Area
EFTA     European Free Trade Association
EIOPA  European Insurance and Occupational Pensions Authority
EMIR    European market infrastructure regulation
ESAs     European Supervisory Authorities
ESFS     European System of Financial Supervisors
ESG      Environmental, social and governance
ESMA   European Securities and Markets Authority
ESRB     European Systemic Risk Board
EU         European Union
FCA       Financial Conduct Authority (UK)
FoS        Freedom of services/freedom to provide service
FSB        Financial Stability Board
FSC        Financial Supervision Commission
FX          Foreign exchange
IAIS        International Association of Insurance Supervisors
IAS         Internal Audit Service
ICS         Internal Control Standards
IDD        Insurance Distribution Directive
IORP(s) Institution(s) for occupational retirement provision
IPID        Insurance product information document
IRSG       Insurance and Reinsurance Stakeholder Group
IT             Information technology
ITS           Implementing technical standards
KPI           Key performance indicators
MB           Management Board
MoU        Memorandum of understanding
NCA         National competent authority
NGO        Non-governmental organisation
OPSG      Occupational Pensions Stakeholder Group
OTC         Over the counter
PEPP        Pan-European personal pension product
POG         Product oversight and governance
PPI            Payment protection insurance
RFR           Risk-free interest rates
RTS           Regulatory technical standards
SC             Steering committees
PRIIPs      Packaged Retail and Insurance-based Investment Products
SCR           Solvency capital requirement
SRP           Supervisory review process
UFR          Ultimate forward rate
VA            Volatility adjustment