EIOPA Q&A on Regulations: First Update for January 2018
EIOPA published new sets of questions and answers (Q&A) on guidelines on systemic governance, along with the implementing and delegating regulations applicable to insurers in Europe.
This week, the Q&A have been published on the following:
- (EU) No 2015-2450 on the templates for the submission of information to the supervisory authorities
- (EU) No 2015-2452 on the procedures, formats, and templates of the solvency and financial condition report
- (EU) No 2015-2011 on the lists of regional governments and local authorities
- Answers to questions on Commission Delegated Regulation (EU) 2015/35 supplementing Directive 2009/138/EC
- Guidelines on system of governance
- Risk-Free Interest Rate—VA calculations
- Symmetric adjustment of the equity capital
The Q&A tool of EIOPA can be used to submit questions on regulatory tools of EIOPA; these regulatory tools include guidelines, but also (regulatory) processes such as the publication of the risk-free rate. All stakeholders, including financial institutions and supervisors, can submit questions. The Q&A tool is intended to ensure consistent and effective application of regulations in the European economic area.
Related Links
- Q&A on Delegated Regulations
- Q&A on Implementing Regulations
- Q&A on Guidelines
- Q&A on Symmetric Adjustment of Equity Capital Charge
- Q&A on Regulations
Keywords: Europe, EU, Insurance, Q&A, Guidelines, Implementing Regulations, Delegated Regulations, EIOPA
Related Articles
BIS Paper Outlines Vision for Future Financial System
In a recent paper, the General Manager of Bank for International Settlements (BIS) and the Indian entrepreneur (Infosys co-founder) Nandan Nilekani have laid out a vision for the Finternet, which is proposed to be a network of multiple financial ecosystems, much like the internet.
NGFS Outlines Options for Supervisory Review of Transition Plans
The Network for Greening the Financial System (NGFS) recently published three reports on the use of transition plans to boost sustainable finance and manage climate-related financial risks.
BCBS Issues Discussion Paper on Climate Scenario Analysis
The Basel Committee on Banking Supervision (BCBS) issued a discussion paper on the use of climate scenario analysis to strengthen the management and supervision of climate-related financial risks.
OSFI Issues Phase2 Consultation on Climate Scenario Exercise for Banks
The Office of the Superintendent of Financial Institutions (OSFI) recently announced a consultation on the second phase of the Standardized Climate Scenario Exercise (SCSE) for banks and other financial institutions it regulates in Canada.
CFIT to Chair Open Finance Taskforce Announced by UK Government
The UK government announced the formation of an industry-led Open Finance Taskforce, chaired by the Center for Finance, Innovation, and Technology (CFIT).
BIS and Central Banks Experiment with GenAI to Assess Climate Risks
A recent report from the Bank for International Settlements (BIS) Innovation Hub details Project Gaia, a collaboration between the BIS Innovation Hub Eurosystem Center and certain central banks in Europe
Nearly 25% G-SIBs Commit to Adopting TNFD Nature-Related Disclosures
Nature-related risks are increasing in severity and frequency, affecting businesses, capital providers, financial systems, and economies.
Singapore to Mandate Climate Disclosures from FY2025
Singapore recently took a significant step toward turning climate ambition into action, with the introduction of mandatory climate-related disclosures for listed and large non-listed companies
SEC Finalizes Climate-Related Disclosures Rule
The U.S. Securities and Exchange Commission (SEC) has finalized the long-awaited rule that mandates climate-related disclosures for domestic and foreign publicly listed companies in the U.S.
EBA Proposes Standards Related to Standardized Credit Risk Approach
The European Banking Authority (EBA) has been taking significant steps toward implementing the Basel III framework and strengthening the regulatory framework for credit institutions in the EU