EIOPA Publishes Q&A on Regulations in March 2019
EIOPA updated questions and answers (Q&A) on the implementing and delegated regulations related to the Solvency II Directive. This update covers answers related to (EU) No 2015-2450 on templates for the submission of information to the supervisory authorities and answers related to (EU) 2015-35 supplementing the Solvency II Directive.
The EIOPA Q&A tool is intended to ensure the consistent and effective application of the regulation in the European Economic Area. The Q&A tool can be used by all parties, including financial institutions, supervisors, and other stakeholders, for submitting questions on particular regulatory tools that have been published by EIOPA. Financial institutions, supervisors, and other stakeholders can use the Q&A process for submitting questions on EU law and EIOPA guidelines within the area of insurance and pensions. The Q&As have no binding force in law, nor are they subject to "comply or explain." However, their application will be rigorously scrutinized and challenged by EIOPA and national supervisory authorities, given their practical significance to achieve a level-playing field.
Related Links
Keywords: Europe, EU, Insurance, Solvency II, Q&A, Delegated and Implementing Regulations, Reporting, EIOPA
Featured Experts
Adam Koursaris
Asset and liability management expert; capable modeler; risk and capital specialist
David Fihrer
Skilled life insurance actuary; subject matter expert on IFRS 17 and source of earnings
Cassandra Hannibal
IFRS 17 subject matter expert; actuary; risk management and capital projection specialist
Previous Article
APRA Letter on Exposure to Third Party Lenders Including P2P LendersNext Article
DNB Updates Documentation for AnaCredit ReportingRelated Articles
|
News
UK Regulators Announce Measures to Address Impact of COVID-19UK Regulatory Authorities published statements and guidance addressed to financial entities on dealing with the impact of the coronavirus (COVID-19) outbreak.
March 26, 2020
WebPage
Regulatory News
|
|
News
ISDA and Industry Request Delay in Timeline for Initial Margin RulesConsidering the challenges posed by the COVID-19 pandemic, ISDA submitted a letter on behalf of 21 industry associations and their members requesting BCBS, IOSCO, and global regulators to suspend the current timeline for the initial margin phase-in.
March 26, 2020
WebPage
Regulatory News
|
|
News
FCA, FRC, and PRA Issue Joint Statement to Address Impact of COVID-19In response to the COVID-19 outbreak, FCA, the Financial Reporting Council (FRC), and PRA have announced a series of actions and made statements to support the continued functioning of capital markets in the UK.
March 26, 2020
WebPage
Regulatory News
|
|
News
EC Rule Corrects Regulation Supplementing Solvency II DirectiveEC published the EU Delegated Regulation 2020/442, which corrects the EU Delegated Regulation 2015/35 that supplements Solvency II Directive (2009/138/EC).
March 26, 2020
WebPage
Regulatory News
|
|
News
FED and FFIEC Offer Reporting Relief to Institutions Due to COVID-19FED and FFIEC announced regulatory reporting relief to financial institutions due to disruptions caused by the COVID-19.
March 26, 2020
WebPage
Regulatory News
|
|
News
EBA and ESMA Clarify Accounting Implications of COVID-19 MeasuresEBA and ESMA issued statements to address certain accounting implications of the economic support and relief measures adopted by EU member states in response to the COVID-19 crisis.
March 25, 2020
WebPage
Regulatory News
|
|
News
IOSCO and Securities Regulators Coordinate Responses to COVID-19IOSCO members are cooperating closely on their responses to the COVID-19-related disruption in capital markets.
March 25, 2020
WebPage
Regulatory News
|
|
News
US Agencies Issue Interim MMLF Rule, FED Updates FR Y-14 FormsIn an effort to mitigate the impact of economic disruptions due to the COVID-19 outbreak, Money Market Mutual Fund Liquidity Facility (MMLF) was launched in the US to enhance the liquidity and functioning of money markets and to support the economy.
March 25, 2020
WebPage
Regulatory News
|
|
News
ESRB Updates List of Countercyclical Capital Buffers in March 2020ESRB updated the list of countercyclical capital buffer (CCyB) rates applicable in countries in the Eurosystem.
March 24, 2020
WebPage
Regulatory News
|
|
News
FHFA Amends Stress Testing Rule for Regulated EntitiesFHFA adopted a final rule that amends the stress testing rule, in line with section 401 of the Economic Growth, Regulatory Relief, and Consumer Protection (EGRRCP) Act.
March 24, 2020
WebPage
Regulatory News
|
