The European Insurance and Occupational Pension Authority (EIOPA) has published a guidance report on integrating customer’s sustainability preferences in the suitability assessment under the Insurance Distribution Directive (IDD). Guidance is provided on: how to help customers understand the concept of ‘sustainability preferences’. how to collect sustainability preferences from customers. how to match customer preferences with […]
Read More
The European Insurance and Occupational Pension Authority (EIOPA) has published a consultation on the advice on the review of the securitisation framework in Solvency II. In October 2021, the European Commission sent a Call for Advice (CfA) to seek assistance to assess the performance rules on capital requirements and liquidity requirements relative to the framework’s […]
Read More
The European Central Bank (ECB) and the European Systemic Risk Board (ESRB) published a joint report on the potential effects of climate shocks on the European Financial system. The report shows that climate risks can spread rapidly and can harm insurers, asset managers, and other financial institutions. Additionally, the report gives evidence on the systemic […]
Read More
In addition, EIOPA has published the final version of the application guidance on climate change materiality assessments and climate change scenarios in the Own Risk and Solvency Assessment (ORSA). Since EIOPA believes that undertakings will be impacted by climate-change related physical and transition risks, EIOPA encourages a more forward-looking management of these risks. Currently, undertakings […]
Read More
The European Securities and Markets Authority (ESMA) has responded to the European Financial Reporting Advisory Group’s (EFRAG) consultation on the first draft of the European Sustainability Reporting Standards (ESRS). The draft ESRS are an important element to achieve the Corporate Sustainability Reporting Directive’s (CSRD) ambition to ensure sustainability reporting which is relevant, reliable, comparable and […]
Read More2022 © Zanders. All Rights Reserved. KvK 30112147. Cookie Policy | Privacy Policy | Terms of Service
Managed by Sluijmer Multimedia and hosted by True.
