Peer Review on Product Oversight and Governance (POG)

The European Insurance and Occupational Pensions Authority (EIOPA), with the support of National Competent Authorities (NCAs), has conducted a peer review on requirements on product oversight and governance (POG), based on the EIOPA’s two-year peer review work plan 2020-2022 and in line with Article 30 of EIOPA Regulation.

This peer review, the first in the area of supervision of conduct of business, assessed the overall maturity of the supervisory framework on POG developed by NCAs to supervise the application of POG requirements by insurance manufacturers.