EIOPA Updates Guidelines on Information Sharing Within Supervisory Colleges
Summary
EIOPA published revised Guidelines on systematic exchange of information within Colleges of Supervisors. The update improves upon the 2015 framework by streamlining annexes, updating legal references, and introducing new provisions on sharing group ORSA reports within colleges. Importantly, the revised Guidelines do not introduce any new reporting requirements, instead leveraging already reported data to enhance supervision of cross-border insurance groups.
“Importantly, the revised Guidelines do not introduce any new reporting requirements.”
What changed
EIOPA has revised its Guidelines on the systematic exchange of information within Colleges of Supervisors, updating the 2015 framework to reflect current regulatory developments. The revisions streamline annexes, update legal references, and add new provisions for sharing group Own Risk and Solvency Assessment (ORSA) reports within colleges to improve supervisors' collective understanding of group risks while maintaining confidentiality safeguards.
National Competent Authorities supervising cross-border insurance groups in the EEA should familiarise themselves with the revised approach to information sharing. Cross-border insurance groups should note that no new reporting obligations are imposed — the guidelines leverage existing reported data to enhance supervisory cooperation under the Solvency II framework.
Archived snapshot
Apr 21, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
The European Insurance and Occupational Pensions Authority (EIOPA) today published revised Guidelines on the systematic exchange of information within Colleges of Supervisors . The updated Guidelines promote a proportionate and practical approach to the sharing of relevant information among supervisors.
The revisions aim to strengthen supervisory cooperation by establishing a consistent and systematic approach to the exchange of information among National Competent Authorities (NCAs) that are involved in the supervision of cross-border insurance groups in the European Economic Area (EEA).
They improve upon the framework introduced in 2015 by streamlining annexes and updating legal references to reflect the latest regulatory developments. The guidelines also introduce new provisions on the sharing of group Own Risk and Solvency Assessment (ORSA) reports within colleges to facilitate and improve supervisors’ collective understanding of a group’s risks, while maintaining strict confidentiality safeguards.
Importantly, the revised Guidelines do not introduce any new reporting requirements. Instead, they leverage already reported data to enhance the supervision of cross-border groups. They supplement existing Guidelines on the operational functioning of colleges.
Background
Colleges of supervisors are forums where national supervisory authorities coordinate the supervision of insurance groups operating across borders. They facilitate information exchange, promote joint decision-making, and support the adoption of common supervisory approaches for effective group-wide oversight under the Solvency II framework.
Details
Publication date 20 April 2026
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