International Regulatory Updates


JUNE 28, 2013
Frankfurt, 28 June 2013 – The Board of Supervisors of the European Insurance and Occupational Pensions Authority (EIOPA) elected today four members of EIOPA Management Board: Peter Braumüller, Managing Director of the Financial Market Authority (Austria) – re-elected; Jan Parner, Deputy D ...
JUNE 28, 2013
EIOPA acknowledges that significant consumer protection problems, including misselling issues and market imperfections have occurred in Payment Protection Insurance (PPI) markets. Having reviewed and analysed recent developments, EIOPA recommends national competent authorities to analyse the sit ...
JUNE 28, 2013
The Joint Committee of the European Supervisory Authorities (Joint Committee) held its first Consumer Protection Day on 25 June 2013 in Paris. Consumer protection is a major objective for the European Supervisory Authorities (ESAs – EBA, ESMA, EIOPA) and under the auspices of the Joint Committe ...
JUNE 28, 2013
The Good Practices Reports cover Comparison Websites and Knowledge & Ability of Distributors of Insurance Products; Both Reports are complimentary to the planned recast of the existing Insurance Mediation Directive (“IMD2”). The Report on comparison websites aims to promote transparenc ...
JUNE 17, 2013
EIOPA provides its technical advice on the way forward for the introduction of the Solvency II longterm guarantee package Frankfurt, 14 June 2013 – The European Insurance and Occupational Pensions Authority (EIOPA) has published today its Technical Findings on the Long-Term Guarantee Assessmen ...
JUNE 14, 2013
JUNE 14, 2013
JUNE 13, 2013
Overview The external environment surrounding Europe's insurance markets Regarding the external environment surrounding Europe’s insurance markets, some signs of favourable developments have been observed in the first half of 2013. European insurers showed relatively stable results in 201 ...
JUNE 11, 2013
The European Securities and Markets Authority (ESMA) has published Guidelines on remuneration policies and practices which apply to relevant staff of investment firms, credit institutions and fund management companies when providing investment services, and to national securities regulators enforcin ...
JUNE 06, 2013
The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) have published their final report setting out their Principles for Benchmark-Setting Processes in the EU. The Principles are designed to address the problems identified with benchmark-setting processes a ...