Question ID: 1502
Regulation Reference: (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII)
Topic: Other
Article: 214(1)(i)
Status: Final
Date of submission: 10 Jan 2018
Question
In the Delegated Regulation article 214 there is a reference for collateral. There should be sufficient certainty as the protecion achieved because of either of the following: it is of sufficient credit quality, is of sufficient liquidity and is sufficiently stable in value. Is there a specific reference available?
EIOPA answer
No, there is nothing similar to the ECB guidelines for collateral available for insurers.