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       Posted on May 17th, 2012

EIOPA, Solvency II and the Loss Adjusting profession

In this speech, the Chairman of EIOPA addresses three main issues:

What is EIOPA, the European Insurance and Occupational Pensions Authority;
How Solvency II can contribute to the improvement of risk management;
The loss adjusting profession, its relevance for the insurance market and the overall society.


       Posted on April 26th, 2012

Medium term strategy for the Joint Committee of the European Supervisory Authorities

This note proposes five areas where the Joint Committee shall strive to deliver over the medium term. These proposals shall assist the ESAs and their Joint Committee, in their planning and resourcing, in preparing their annual work programme, as well as in their accountability to EU Institutions and other stakeholders.

Source: ESMA [...]


       Posted on April 16th, 2012

Report on Good Practices for Disclosure and Selling of Variable Annuities

This Report summarises the findings of an Expert Group, set up in May 2011 under the auspices of EIOPA’s Committee on Consumer Protection and Financial Innovation (CCPFI) with the aim of establishing good disclosure and selling practices for variable annuities (VA). It seeks to inform the debate on variable annuities from a consumer [...]


       Posted on April 15th, 2012

EBA, ESMA and EIOPA’s Report on the legal, regulatory and supervisory implementation across EU Member States in relation to the Beneficial Owners Customer Due Diligence requirements under the Third Money Laundering Directive [2005/60/EC]

The Joint Committee of the three European Supervisory Authorities (EBA, ESMA and EIOPA) have published a “Report on the legal, regulatory and supervisory implementation across EU Member States in relation to the Beneficial Owners Customer Due Diligence requirements”. This report analyses EU Member States’ current legal, regulatory and supervisory implementation of the anti-money [...]


       Posted on April 15th, 2012

EBA, ESMA and EIOPA’s Report on the legal and regulatory provisions and supervisory expectations across EU Member States of Simplified Due Diligence requirements where the customers are credit and financial institutions under the Third Money Laundering Directive [2005/60/EC]

The Joint Committee of the three European Supervisory Authorities (EBA, ESMA and EIOPA) has published a “Report on the legal and regulatory provisions and supervisory expectations across EU Member States of Simplified Due Diligence requirements where the customers are credit and financial institutions”. This report provides an overview of EU Member States’ legal [...]


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