donderdag 16 mei 2013

EIOPA publishes Discussion paper on a possible EU-single market for personal pension products

In July 2012 the European Commission requested the European Insurance and
Occupational Pensions Authority (EIOPA) to provide technical advice on the
prudential regulations and consumer protection measures needed to create a
single market for personal pensions.

In order to deliver this technical advice EIOPA, as a first step, has today
published its Discussion paper on a possible EU-single market for personal
pension products.

The goal of the Discussion paper is to engage stakeholders at an early
stage in the project by gathering their views on a wide range of issues
relating to personal pensions.

The Discussion Paper focuses on three key aspects of personal pensions:
A possible definition of a personal pension;Potential cross-border
frameworks (passporting and the so-called second (or 28th) regime which
would create a uniform European system as an alternative to the different
national regimes); andConsumer protection, including information
disclosure and selling practices.

To access EIOPA's Discussion paper click here (Link:
https://eiopa.europa.eu/consultations/consultation-papers/index.html ).

If you wish to respond to the questions posed in the Discussion paper,
please use this comments template (Link:
https://eiopa.europa.eu/fileadmin/tx_dam/files/consultations/consultationpapers/single_personal_pension_products/EIOPA_Template-for-Comments-on-DPTFPP.doc
).

The period for providing comments will end on 16 August 2013.

Once stakeholders' comments have been analysed, EIOPA will prepare a
report, containing issues and options which will be made available to the
European Commission in early 2014. The Commission is then expected to
issue a detailed Call for Advice to EIOPA, with a response deadline set
for 2015.


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https://eiopa.europa.eu

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password on the login page of the EIOPA Restricted Area.

maandag 13 mei 2013

EIOPA launches the Call for Expression of Interest regarding the setting up its Insurance and Reinsurance Stakeholder Gr

The European Insurance and Occupational Pensions Authorities (EIOPA)
launches the Call for Expression of Interest regarding the setting up of
EIOPA Stakeholder Groups, the Insurance and Reinsurance Stakeholder Group
(IRSG) and the Occupational Pensions Stakeholder Group (OPSG), following
the expiration of their mandates later this year.

The Stakeholder Groups are set up to help facilitate consultation with
stakeholders in areas relevant to the tasks of EIOPA.

Members of the IRSG, 30 in total, are individuals appointed to represent in
balanced proportions insurance and reinsurance undertakings and insurance
intermediaries operating in the Union, and their employees'
representatives, as well as consumers, users of insurance and reinsurance
services, representatives of SMEs and representatives of relevant
professional associations. At least five of its members shall be
independent top-ranking academics.

Members of the OPSG, 30 in total, are individuals appointed to represent in
balanced proportions institutions for occupational retirement provision
operating in the Union, representatives of employees, representatives of
beneficiaries, representatives of SMEs and representatives of relevant
professional associations. At least five of its members shall be
independent top-ranking academics.

The deadline for application is 23 June 2013, 23:59 hrs CET.

The Calls for Expression of Interest and the application documents (in
English only) can be accessed from EIOPA website:
https://eiopa.europa.eu/about-eiopa/organisation/stakeholder-groups/stakeholder-groups-selection-process-2013/index.html
(Link:
https://eiopa.europa.eu/about-eiopa/organisation/stakeholder-groups/stakeholder-groups-selection-process-2013/index.html
)

The selection and approval process of the Stakeholder Groups membership is
expected to begin in late June and to be completed with the appointment of
the Stakeholder Group members by the EIOPA Board of Supervisors in
September 2013. Thereafter, the decision will be communicated to all
candidates. Once the candidates have accepted their appointment, the
composition of both Stakeholder Groups will be made publicly available by
EIOPA.

The first meetings of the Stakeholder Groups in the new composition are
foreseen in October 2013: IRSG on 22 October and OPSG on 24 October
followed by a joint meeting with the EIOPA Board of Supervisors on 26
November 2013.


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

---

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.