The guidelines set out the requirements for the sound and prudent management of undertakings.
The European Insurance and Occupational Pensions Authority (EIOPA) published the Final Reports on the public consultation related to the Solvency II Guidelines on the System of Governance and the Own Risk and Solvency Assessment (ORSA).
The Guidelines on the System of Governance set out the requirements for the sound and prudent management of undertakings without unduly restricting them.
EIOPA intends to issue the guidelines in all official EU languages in April 2015. They will become applicable on 1 January 2016.
Full news
More information
© EIOPA
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article