woensdag 21 december 2011

EIOPA launches public consultation on the add-on Quantitative Financial Stability Reporting Templates

The European Insurance and Occupational Pensions Authority (EIOPA) invites
market participants and (re)insurance stakeholders to provide their
feedback on the add-on quantitative financial stability (FS) reporting
templates, which form part of the public consultation on Supervisory
Reporting & Public Disclosure for Solvency II.
The add-on templates are intended to provide a fair reflection of the
financial stability in the insurance sector.
Monitoring of the insurance market for the purpose of financial stability
is one of EIOPA's tasks according to Article 8 (1) of the EIOPA
Regulation. This task includes an assessment of the solvency of insurance
undertakings, which will facilitate an analysis of the overall resilience
of the insurance sector (or sub-sectors) and its ability to withstand
shocks.
The Financial Stability add-on templates reflect the additional reporting
requirements necessary for financial stability purposes. An FS-related
log-file containing explanatory materials is published on the website
together with the templates.
The consultation will end on Friday, 20 February, 2012 at 18.00 HRS CET.
Comments should be submitted via email to cp-011@eiopa.europa.eu
(Link: cp-011@eiopa.europa.eu ). Please note that comments
submitted after the deadline or not submitted on the provided templates
cannot be processed.
The relevant documentation and the templates can be accessed on the EIOPA
web site:
https://eiopa.europa.eu/consultations/consultation-papers/index.html
(Link:
https://eiopa.europa.eu/consultations/consultation-papers/index.html )


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Phone: +49 69 951119-20
Fax: +49 69 951119-19

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https://eiopa.europa.eu

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woensdag 7 december 2011

EIOPA publishes report on pre-enrolment information to pension plan members

EIOPA has published today its "Report on pre-enrolment information to
pension plan members". The survey was carried out in the context of
EIOPA own work program, and has been useful in preparation for EIOPA
response to the Call for Advice (CfA) from the European Commission on the
review of the IORP Directive in respect of the information to pension
scheme members and beneficiaries. The survey findings are being released
to provide background information to EIOPA draft response to the CfA,
currently under consultation until 2 January 2012.
Read the report. (Link:
https://eiopa.europa.eu/fileadmin/tx_dam/files/publications/reports/20111117_EIOPA-BoS-11-039__Report_on_pre-enrolment_info_to_pension_plan_members__final_.pdf
)


This newsletter was sent to you by:

EIOPA
WesthafenTower | Westhafenplatz 1 | 60327 Frankfurt | Germany
Phone: +49 69 951119-20
Fax: +49 69 951119-19

info@eiopa.europa.eu
https://eiopa.europa.eu

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Don't want to receive this newsletter anymore?

Please login to the Restricted Area of the EIOPA website and change
your user profile:

https://eiopa.europa.eu/restricted-area/index.html

If you forgot your password, you will find a link to receive a new
password on the login page of the EIOPA Restricted Area.

dinsdag 6 december 2011

EIOPA calls for paradigm shift in consumer protection

The European Insurance and Occupational Pensions Authority (EIOPA) is
calling today for a paradigm shift in the area of Consumer Protection.
EIOPA's Chairman, Gabriel Bernardino, said at the Authority's first
Consumer Strategy Day in Frankfurt today: "We need to question the
strategy and policy tools that we traditionally use to address information
asymmetries, conflict of interest and market inefficiencies to protect the
rights of policyholders, pension scheme members and beneficiaries."
Participants of the Consumer Strategy Day exchanged views at the three
panel discussions addressing issues such as "fostering protection of
policyholders and pension fund beneficiaries", "tackling new or
innovative financial activities", and "anti-discrimination and
assessment of risk". The event was attended by around 130
representatives of consumer associations, insurance companies as well as
supervisory authorities.
Please read the press release from EIOPA's first Consumer Strategy Day.
Press Release (Link:
https://eiopa.europa.eu/fileadmin/tx_dam/files/pressreleases/Consumer-Strategy-Day.pdf
)
Please read Chairman Gabriel Bernardino's opening speech. Speech
(Link:
https://eiopa.europa.eu/fileadmin/tx_dam/files/Press-Room/speeches/Consumer_Strategy_Day_Opening_Speech.pdf
)
Alternatively, please visit our press room (Link:
https://eiopa.europa.eu/press-room/index.html ).

This newsletter was sent to you by:

EIOPA
WesthafenTower | Westhafenplatz 1 | 60327 Frankfurt | Germany
Phone: +49 69 951119-20
Fax: +49 69 951119-19

info@eiopa.europa.eu
https://eiopa.europa.eu

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Don't want to receive this newsletter anymore?

Please login to the Restricted Area of the EIOPA website and change
your user profile:

https://eiopa.europa.eu/restricted-area/index.html

If you forgot your password, you will find a link to receive a new
password on the login page of the EIOPA Restricted Area.