CEIOPS, EIOPA's preceding organisation, to provide advice on whether the
supervisory regimes of Bermuda, Japan and Switzerland meet criteria of
equivalence. The goal of this equivalence assessment is to ensure that the
third country regulatory and supervisory regimes provide a similar level
of policyholder / beneficiary protection as the one provided under the
Solvency II Directive.
EIOPA is currently seeking input on the equivalence assessment of Bermuda,
Japan and Switzerland and invites market participants and interested
parties to provide experience and information on relevant aspects of the
supervisory practices and insurance regulatory regimes in the three
countries respectively.
This consultation starts on Wednesday, 17 August, 2011 and ends on Friday,
23 September, 2011 at 18.00 HRS CEST.
Comments should be submitted via email to Equivalence{at}eiopa.europa.eu
(Link: Equivalence@eiopa.europa.eu ). Comments submitted after
the deadline or not submitted on the provided template cannot be
processed.
EIOPA welcomes comments from all interested parties on all three or
individual supervisory regimes of Bermuda, Japan and Switzerland
respectively.
Click here to read the Call for Advice from the European Commission
(Link:
https://eiopa.europa.eu/fileadmin/tx_dam/files/requestsforadvice/Equivalence-June-2010/equivalence-call-for-advice_20100611.pdf
) and related documents (Link:
https://eiopa.europa.eu/fileadmin/tx_dam/files/requestsforadvice/Equivalence-October-2010/EC-call-for-advice-Equivalence-Nov.2010.pdf
).
Click here (Link:
https://eiopa.europa.eu/consultations/consultation-papers/2011/august-2011/consultation-paper-no-3-eiopa-draft-report-equivalence-assessment-of-the-swiss-supervisory-system/index.html
) to access the "Draft report on the equivalence assessment of the Swiss
supervisory system" and relevant template for comments.
Click here (Link:
https://eiopa.europa.eu/consultations/consultation-papers/2011/august-2011/consultation-paper-no-4-eiopa-draft-report-equivalence-assessment-of-the-bermudan-supervisory-system/index.html
) to access the "Draft report on the equivalence assessment of the
Bermudan supervisory system" and relevant template for comments.
Click here (Link:
https://eiopa.europa.eu/consultations/consultation-papers/2011/august-2011/consultation-paper-no-5-eiopa-draft-report-equivalence-assessment-of-the-japanese-supervisory-system/index.html
) to access the "Draft report on the equivalence assessment of the
Japanese supervisory system" and relevant template for comments.
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European Insurance and Occupational Pensions Authority (EIOPA)
Westhafenplatz 1
60327 Frankfurt am Main
Germany
Tel: +49 (0) 69 95 11 19 20
Fax: +49 (0) 69 95 11 19 19
info@eiopa.europa.eu
(Link: info@eiopa.europa.eu )
