Executive Summary of European Insurance and Occupational Pensions Authority’s Annual Report 2014 has now been published in all the official languages of the EU.
EIOPA Top 5 Achievements in 2014
To ensure timely preparation for Solvency II and consistent supervisory practices, EIOPA delivered to the Commission 6 Technical Standards on Solvency II approval processes and successfully concluded the public consultation on Guidelines for implementation of the Directive.
Stress Test of the European Insurance Sector providing a formal assessment of the resilience of financial institutions to adverse market developments using a consistent methodology and providing recommendations to National Competent Authorities (NCAs) addressing the identified vulnerabilities.
Consultation and Discussion Papers on the Consumer Protection themes of Product Oversight and Governance and Conflict of Interest in direct and intermediated sales of insurance-based investment products (PRIIPs).
EIOPA published a consultation document on the solvency of Institutions for Occupational Retirement Provision (IORP) and preliminary Advice to the Commission on personal pensions.
Establishment of the Supervisory Oversight Team, which conducted visits to 10 National Competent Authorities in 2014 with a focus on implementation of Solvency II and the risk assessment framework
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