International Regulatory Updates

The Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA) published today a consultation paper on draft Guidelines for regulating cross-selling practices in the financial sector across the EU. These guidelines establish a coherent and effective approach in supervising f ...

The European Insurance and Occupational Pensions Authority (EIOPA) invites market participants and (re)insurance stakeholders to provide their feedback on its draft Advice to the European Commission (EC) regarding the full equivalence assessments of Bermuda, Japan and Switzerland. EIOPA's Advice ...

The European Securities and Markets Authority (ESMA) has conducted a peer review of how national regulators (national competent authorities or NCAs) supervise MiFID conduct of business rules on providing fair, clear and not misleading information to clients. The peer review focused on NCAs’ org ...

Malta, a domicile targeting the insurance-linked securities (ILS), catastrophe bond and reinsurance convergence sector, has now completed its Securitisation Cell Company regulations which bring together the special purpose reinsurer concept with protected cells. Click here to access the article. ...

The package promotes consistent supervisory practices related to the Solvency II implementation; It can be used for both pre-application and application processes for internal models; Read more full press release ...

Click here for press release and Third Consumer Trends Report. ...

The European Insurance and Occupational Pensions Authority (EIOPA) published today the Final Reports on the public consultation related to the first set of the draft Guidelines for Solvency II. These Guidelines are complementing the first set of Implementing Technical Standards, in particular wit ...

The European Insurance and Occupational Pensions Authority (EIOPA) launched today a public consultation on the second set of draft Implementing Technical Standards (ITS) and Guidelines for Solvency II. With this EIOPA enters the final regulatory phase of Solvency II. Preparation of the Standards ...

Who should read this paper This document will be of interest to (i) depositaries of alternative investment funds and their delegates (including prime brokers and collateral managers) and their trade associations, (ii) alternative investment funds managers and their trade associations, as well as ...

EIOPA aims to ensure that national supervisors develop their crisis prevention, management and resolution frameworks in a co-ordinated and consistent way; EIOPA’s 14 sound principles reflect prudent practices and references for the insurance sector to be considered by NCAs when reviewing and fu ...