Featured Product

    EIOPA Issues Parallel Technical Information on RFR Term Structures

    January 09, 2020

    EIOPA published the fourth and last parallel technical information on the relevant risk-free interest rate, or RFR, term structures, with reference to the end of December 2019, based on Refinitiv data. This parallel publication reflects the content of the technical documentation published on October 01, 2019 and is based on risk-free interest rate coding released on October 08, 2019; it will allow stakeholders to compare their own calculations with those of EIOPA before the official publications for the end of January 2020.

    EIOPA also published monthly technical information on the risk-free interest rate term structures with reference to the end of December 2019. EIOPA is informing that a bug, which was spotted in the derivation of the weights of the country corporate part of the representative portfolios, has been fixed. Technical information related to the risk-free interest rate term structures is used to calculate technical provisions for (re)insurance obligations. In line with the Solvency II Directive, EIOPA publishes technical information relating to the risk-free interest rate term structures on a monthly basis. This is intended to ensure consistent calculation of technical provisions across Europe, and, thus, higher supervisory convergence for the benefit of the European insurance policyholders.

     

    Related Links

    Keywords: Europe, EU, Insurance, Reinsurance, Solvency II, Risk-free Interest Rate, Reporting, Refinitiv Data, RFR Calculation, RFR Coding, EIOPA

    Featured Experts
    Related Articles
    News

    BoE Seeks Information Before Migrating Statistical Reporting to BEEDS

    The Bank of England (BoE) published the Statistical Notice 2021/09 requiring additional information from firms and software vendors to assist in the onboarding and testing phases for migrating statistical reporting to the BEEDS portal.

    October 25, 2021 WebPage Regulatory News
    News

    FCA Publishes Final Rules on Investment Firms Prudential Regime

    The Financial Conduct Authority (FCA) published the final rules on the Investment Firms Prudential Regime (IFPR) to streamline and simplify the prudential requirements for solo-regulated UK firms authorized under the Markets in Financial Instruments Directive (MiFID).

    October 25, 2021 WebPage Regulatory News
    News

    EBA Finalizes Standards on Alternative SA for Market Risk

    The European Banking Authority (EBA) published the final draft regulatory technical standards on gross jump-to-default amounts and on residual risk add-on under the Capital Requirements Regulation or CRR.

    October 25, 2021 WebPage Regulatory News
    News

    CFRF Publishes Guides to Manage Financial Risks from Climate Change

    The working groups of the Climate Financial Risk Forum (CFRF) published a second round of guides (or Session 2 guides), written by the industry for the industry, to help financial firms manage climate-related financial risks.

    October 21, 2021 WebPage Regulatory News
    News

    PRA Finalizes Policy for Non-Performing Exposure Securitizations

    The Prudential Regulation Authority (PRA) published the final Policy Statement PS24/21 that contains the new Non-Performing Exposures Securitization Part of the PRA Rulebook and an updated Supervisory Statement SS10/18 on the general requirements and capital framework with respect to securitizations.

    October 21, 2021 WebPage Regulatory News
    News

    BIS to Launch Asian Green Bond Fund Early Next Year

    The Bank for International Settlements (BIS) announced the development of an Asian Green Bond Fund, in collaboration with the development financing community, to channel global central bank reserves to green projects in Asia Pacific.

    October 21, 2021 WebPage Regulatory News
    News

    FSOC Report Issues Recommendations to Address Climate Risks

    The Financial Stability Oversight Council (FSOC) released a report in response to the U.S. President's Executive Order on climate-related financial risk.

    October 21, 2021 WebPage Regulatory News
    News

    BIS Paper Mulls Policies to Alleviate Challenges Posed by Big Techs

    The Bank for International Settlements (BIS) published a paper that examines the business models and the associated risks posed by big technology firms foraying into financial services sector.

    October 21, 2021 WebPage Regulatory News
    News

    EBA Updates Filing Rules for Supervisory Reporting

    The European Banking Authority (EBA) published version 5.1 of the filing rules for supervisory reporting.

    October 19, 2021 WebPage Regulatory News
    News

    ECB Amends Guideline on Procedures for Collection of AnaCredit Data

    The European Central Bank (ECB) Guideline 2021/1829 on the procedures for the collection of granular credit and credit risk data has been published in the Official Journal of European Union.

    October 19, 2021 WebPage Regulatory News
    RESULTS 1 - 10 OF 7604