In April 2011, the European Commission asked EIOPA to provide advice on the legislative framework for Institutions for Occupational Retirement Provision (IORPs).
EIOPA is now inviting market participants and occupational pensions stakeholders to participate in the second consultation. EIOPA welcomes comments from all interested parties on the “Draft Response to Call for Advice”. EIOPA is currently seeking input on all 23 areas of the CfA, including the nine areas that were addressed in the first consultation in July/August. Details are spelled out in the “Draft Response to Call for Advice” that can be accessed via the EIOPA web site.
EIOPA would appreciate the assistance of stakeholders by including in their responses their assessment of the impact of the draft advice. EIOPA have also provided some very preliminary qualitative assessments of impact in the consultation document.
This consultation starts on Tuesday 25 October, 2011 and ends on 2 January 2012 at 18.00 HRS CET. Comments should be submitted via email to [email protected] (Link: [email protected] ). Comments submitted after the deadline or not submitted on the provided template in Word cannot be processed by EIOPA.
EIOPA is also publishing today its reasoned feedback on the responses to the first consultation and the individual responses to that consultation.
Click here to read the Call for Advice from the European Commission
(Link: https://eiopa.europa.eu/publications/requests-for-advice/index.html) and related documents.
Click here to read the “Draft response to Call for Advice (Link: https://eiopa.europa.eu/fileadmin/tx_dam/files/consultations/consultationpapers/CP06-11/CfA-1-23-draft_advice_for_consultation_EIOPA-CP-11-006_.doc)”.
Click here to download the template to submit comments (Link:
https://eiopa.europa.eu/fileadmin/tx_dam/files/consultations/consultationpapers/CP06-11/2011-10-25_template_for_responses.doc).
Click here to read the reasoned feedback on the responses to the first consultation (Link: https://eiopa.europa.eu/consultations/consultation-papers/2011-closed-consultations/july-2011/consultation-on-draft-response-to-call-for-advice-on-the-review-of-the-iorp-directive/index.html).
It is appreciated if any feedback provided to EIOPA is copied to the Malta Financial Services Authority – Insurance and Pensions Supervision Unit on e-mail [email protected].
MFSA Ref: 46-2011
