International Regulatory Updates
NOVEMBER 19, 2014
Insurance is a dynamic industry operating in a world of risk and uniquely exposed to uncertainty. To succeed, it needs to be flexible and innovative. In parallel, regulatory change is transforming the face of insurance. The Solvency II project, which originated some 13 years ago, aims for a robust f ...
NOVEMBER 19, 2014
Link to EIOPA News Article ...
NOVEMBER 17, 2014
The approachability of the Malta Financial Services Authority (MFSA) is proving a big pull for prospective captive owners, according to Willis’ captive chief Paul Owens.
Malta is beginning to prove an attractive domicile for corporations wanting to write business direct into Europe, while it al ...
NOVEMBER 04, 2014
The European Central Bank (ECB) today assumed responsibility for the supervision of euro area banks, following a year-long preparatory phase which included an in-depth examination of the resilience and balance sheets of the biggest banks in the euro area.
Click here to access the full press relea ...
NOVEMBER 03, 2014
EIOPA welcomes comments on the Consultation Paper regarding the risk free interest rate term structure.
EIOPA invites comments on any aspect of this paper and in particular on the specific questions summarised in Annex II. Comments are most helpful if they:
respond to the question stated, wh ...
OCTOBER 31, 2014
EIOPA published today the Final Report on the public consultation related to the Solvency II Guidelines on the Operational Functioning of Colleges of Supervisors.
These Guidelines specify responsibilities of members and participants within supervisory colleges in order to implement the cooperatio ...
OCTOBER 31, 2014
OCTOBER 31, 2014
Inside this issue:
MFSA, CBM welcome Comprehensive Assessment Results
EIOPA Seminar on Regulatory Impact Assessment
The AIFMD Transition in Malta
The SICAV structure under Maltese Legislation
Bundestag Delegation visits MFSA
On-Site Inspections on compliance with the EMIR
Noti ...
OCTOBER 30, 2014
Focus for Colleges: high quality and consistent implementation of Solvency II;
Number of cross-border groups fairly stable at 93 in 2014 (2013: 92);
The list aims at increased transparency.
Read Full Press Release by EIOPA ...
OCTOBER 30, 2014
The European Central Bank (ECB) has today published the ECB Regulation on supervisory fees. It was approved by the Governing Council following a public consultation which included a public hearing. The ECB will take over as supervisor of banks on 4 November 2014 as part of the Single Supervisory Mec ...
