Final Report on Guidelines on supervisory powers to remedy liquidity vulnerabilities - Solvency II Review

The Solvency II Review mandated EIOPA to develop Guidelines on supervisory powers to address deficiencies in undertakings’ liquidity management. The new Guidelines set out the form, activation and extent of powers that supervisors may exercise to strengthen the liquidity position of undertakings. They also specify the exceptional circumstances under which supervisors may temporarily suspend policyholders' redemption rights.

The Guidelines will become applicable on 30 January 2027.