News

The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) have today updated their joint supervisory statementon the application of the Sustainable Finance Disclosure Regulation (SFDR). This includes a new timeline, expectations about the explicit quantification of the product...

The European Insurance and Occupational Pensions Authority (EIOPA) issued today its recommendations to supervisors and insurers based on the learnings and experience of EIOPA’s 2021 Insurance Stress Test.Having analysed the results of the stress test, EIOPA has now defined a series of actions that...

The European Supervisory Authorities (EBA, ESMA and EIOPA – the ESAs) today 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...

The European Insurance and Occupational Pensions Authority (EIOPA) published today theresults of its yearly study on the modelling of market and credit risk in internal models.The study focuses mainly on EUR denominated instruments, while also looking into selected GBP and USD denominated...

The European Insurance and Occupational Pensions Authority (EIOPA) has published the technical information on the symmetric adjustment of the equity capital charge for Solvency II with reference to the end ofFebruary 2022.VIEW THE DOCUMENTATION

Today, the European Insurance and Occupational Pensions Authority (EIOPA) published technical information on the relevant risk free interest rate term structures (RFR) with reference to the end of February 2022.Compared with previous month, very low trading of Government bonds in roubles was...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its Supervisory Convergence Plan for 2022.In line with EIOPA’s mandate to build a common supervisory culture and consistent supervisory practices in the European Union, the Supervisory Convergence Plan identifies...

The three European Supervisory Authorities (EBA, EIOPA and ESMA) published today a joint report in response to the European Commission’s February 2021 Call for Advice on Digital Finance. The proposals put forward aim at maintaining a high level of consumer protection and addressing risks arising...

The European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA, held their first joint high-level conference on financial education and literacy on 1 and 2 February 2022. The conference gathered high-level government representatives as well as experts from public authorities, academia, NGOs...

Today, the European Insurance and Occupational Pensions Authority (EIOPA) published technical information on the relevant risk free interest rate term structures (RFR) with reference to the end of January 2022.This month, RFR technical information has been calculated:Applying Ultimate Forward...

The three European Supervisory Authorities (EBA, ESMA and EIOPA) published today a Joint ESAs thematic repository on financial education and digitalisation initiatives of National Competent Authorities (NCAs), with a specific focus on cybersecurity, scams and fraud. The repository contains 127...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its Risk Dashboard based on Solvency II data from the third quarter of 2021. The results show that insurers’ exposures to macro risks remain at a high level while all other risk categories, such as insurance as well...

The European Insurance and Occupational Pensions Authority (EIOPA) has launched today a public consultation on retail investor protection in relation to the sale of Insurance-Based Investment Products (IBIPs). The consultation is a response to a Call for advice, which the European Commission sent...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its third paper in a series of papers on the methodological principles of insurance stress testing. The methodological paper focuses on the climate change component and is a further step in enhancing EIOPA’s stress...

The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) published today a statement welcoming the European Systemic Risk Board’s (ESRB) Recommendation on systemic cyber risk, which calls on the ESAs to prepare for the gradual development of a Pan-European systemic cyber incident...

Following a first inquiry conducted in 2021, EIOPA is launching today a second survey concerning the Pan-European Personal Pension Product (PEPP).The aim of this survey is to gauge and better understand the potential take-up of PEPP by eligible providers (asset managers, insurance undertakings...

The European Insurance and Occupational Pensions Authority (EIOPA) published today its Consumer Trends Report, which identifies an acceleration in digitalisation as a clear trend emerging from the COVID-19 pandemic. This brings opportunities but also some concerns for consumers, such as frauds and...

The European Insurance and Occupational Pensions Authority (EIOPA) issued today a call for experts to join its Technical Expert Network on Catastrophe Risk.The network has been in place since 2019 and is tasked with contributing to EIOPA’s initiatives on the modelling and mitigation of (natural)...

The Joint Committee of the European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA –published today the list of identified financial conglomerates for 2021.The 2021 list includes 66 financial conglomerates with the head of group located in the European Union or European Economic Area, one...