European Union

EIOPA Consultation on Private Equity Firm Supervision Statement

EIOPA has launched a public consultation on a draft supervisory statement concerning the authorisation and ongoing supervision of insurance and reinsurance undertakings owned by private equity firms. The consultation seeks feedback on proposed supervisory expectations to address risks associated with these acquisitions and ensure consistent supervision across the EU.

EIOPA Seeks Input on Solvency II NatCat Insurance Adaptation Measures

The European Insurance and Occupational Pensions Authority (EIOPA) has launched a public consultation on the prudential treatment of adaptation measures for natural catastrophe insurance under Solvency II. The consultation seeks feedback on potential adjustments to the standard formula to better reflect these measures and aims to reduce the insurance protection gap.

OPSG Paper on Typology of Multi-Pillar Pension Systems in Europe

The European Insurance and Occupational Pensions Authority (EIOPA) has published a paper detailing the typology of multi-pillar pension systems across Europe. This guidance aims to provide a framework for understanding the diverse pension landscape within the EU.

EIOPA DC Pensions Toolkit Development - OPSG Input

The Occupational Pensions Stakeholder Group (OPSG) has submitted its response to the European Insurance and Occupational Pensions Authority's (EIOPA) call for evidence regarding the development of a DC pensions toolkit. This input is intended to inform EIOPA's ongoing work in this area.

EU and UK Authorities MoU on DORA ICT Provider Oversight

The European Supervisory Authorities (ESAs) and the Bank of England, PRA, and FCA have signed a Memorandum of Understanding to enhance cooperation on overseeing critical ICT third-party service providers under DORA. This agreement facilitates joint oversight and equivalence assessments between EU and UK authorities.

EIOPA delegates DORA Q&A adoption to Chairperson

EIOPA, in cooperation with EBA and ESMA, has adopted a decision to delegate the adoption of answers to straightforward DORA questions to the EIOPA Chairperson. This aims to simplify procedures and optimize resource utilization.

European Commission notifies Meta over AI assistants exclusion from WhatsApp

The European Commission has sent a Statement of Objections to Meta, alleging a breach of EU antitrust rules by excluding third-party AI assistants from WhatsApp. The Commission intends to impose interim measures to prevent serious and irreparable harm to the market.

ESMA Notifications of Compliance with Guidelines Overview Table

The European Securities and Markets Authority (ESMA) has published an overview table detailing notifications of compliance with its guidelines. This document serves as a reference for market participants regarding adherence to ESMA's technical standards and guidelines.

MiCA Reverse Solicitation Guidelines Compliance Table

The European Securities and Markets Authority (ESMA) has published a compliance table for its Markets in Crypto-Assets (MiCA) Regulation reverse solicitation guidelines. This document aims to assist entities in understanding and adhering to the new requirements regarding unsolicited marketing of crypto-asset services.

MiCA Crypto-Asset Transfer Guidelines Compliance Table

The European Securities and Markets Authority (ESMA) has published a compliance table for its MiCA crypto-asset transfer guidelines. This document serves as a reference for entities to assess their adherence to the new regulatory framework for crypto-asset service providers.