News

The European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) today published a Joint Opinion on the jurisdictional scope of the obligations of the non-EU parties to securitisations under the Securitisation Regulation (SECR).The purpose of the Joint Opinion is to facilitate the understanding...

The European Insurance and Occupational Pensions Authority (EIOPA) launched today a consultation on revised Guidelines on the use of the Legal Entity Identifier (LEI). LEI is now widely used by the financial industry especially in the European Union, not only for identification of legal entities...

Following the publication of the Delegated Regulation supplementing thePan-European Personal Pension Product (PEPP), EIOPA today launched a survey on potential offering of PEPP.The aim of this survey is to understand the potential take-up by eligible PEPP providers, for example asset managers...

The Board of Supervisors of the European Insurance and Occupational Pensions Authority (EIOPA) decided yesterday on ashortlist of three candidates for the position of Chairperson of EIOPA, ensuring gender representation. The shortlist has been submitted to the European Parliament's Committee on...

In accordance with Article 16b of the EIOPA Regulation, the European Commission has provided answers to a series of Questions & Answers regarding the legal interpretation of provisions of the Insurance Distribution Directive (Directive (EU) 2016/97) and its implementing measures. The Questions &...

The European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) published today three Joint Questions and Answers (Q&A) on RTS 2016/2251 on bilateral margin requirements under the European Markets Infrastructure Regulation (EMIR).The purpose of the Joint Q&As on bilateral margin requirements is...

The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) have today issued a Consultation Paper seeking input on draft Regulatory Technical Standards (RTS) regarding disclosures of financial products investing in economic activities that contribute to an environmental investment...

This International Women’s Day, we will be putting women in insurance in the spotlight.While we see many women working in the insurance sector, the truth is that we don’t see as many women in senior roles as we would like.For this reason, we are launching our ‘Women in Insurance’ initiative (...

On February 26, 2021, the European Insurance and Occupational Pensions Authority (EIOPA) exchanged letters with the Japan's Financial Services Agency (FSA) on co-operation in the area of insurance regulation and supervision. The exchange of letters aims to promote mutual understanding, exchange of...

The European Insurance and Occupational Pensions Authority (EIOPA) submitted its advice to the European Commission on the mandatory sustainability disclosure of insurers’ and reinsurers’ key performance indicators within the scope of the Non-Financial Reporting Directive.Relevant, comparable and...

The European Insurance and Occupational Pensions Authority (EIOPA) launched today a European-wide comparative study on non-life underwriting risk in internal models (NLCS 2020).The objective of the study is to analyse the relative positioning of non-life internal models and to provide a European...

The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) have today published a joint supervisory statement on the effective and consistent application and national supervision of the Regulation on sustainability-related disclosures in the financial services sector (SFDR). The...

The European Insurance and Occupational Pensions Authority (EIOPA) identified business model sustainability and adequate product design as two Union-wide strategic supervisory priorities relevant for national competent authorities (NCAs).Following the revised EIOPA Regulation, NCAs shall take...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its 2021 Supervisory Convergence Plan. In 2021 EIOPA intends to complete the priorities stemming from the previous plan, while allowing for flexibility to continue monitoring and mitigating the impact from the Covid...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its staff paper on measures to improve the insurability of business interruption in light of pandemics. Building on the Issues paper on shared resilience solutions for pandemics published in July, EIOPA analyses...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its Risk Dashboard based on the third quarter of 2020 Solvency II data.The results show that insurers’ exposures to macro risks decreased from very high to high level, while all other risk categories remain at...

The Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) delivered today to the European Commission (EC) the Final Report, including the draft Regulatory Technical Standards (RTS), on the content, methodologies and presentation of disclosures under the EU...

The European Supervisory Authorities - ESAs (the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority) submitted today to the European Commission the draft Regulatory Technical Standards (RTS) on amendments to the...

The European Insurance and Occupational Pensions Authority (EIOPA) launched today an interactive European map of national financial education websites. The map is targeted to consumers who will have the opportunity to explore information about financial education in an interactive way. The...