These standards, once adopted, will guide the implementation of the new features within the Solvency II framework to improve supervisory effectiveness, risk management and financial stability in the EU’s insurance sector.
EIOPA has launched today a series of consultations on regulatory technical standards (RTS) and implementing technical standards (ITS) regarding changes that are expected to be introduced to the regulatory framework as part of the Solvency II review process.
The altogether five consultations launched today – four on RTS and one on ITS – cover topics ranging from cross-border supervision and the liquidity management of insurers to the criteria for identifying exceptional sector-wide shocks. These standards, once adopted, will guide the implementation of the new features within the Solvency II framework to improve supervisory effectiveness, risk management and financial stability in the EU’s insurance sector.
EIOPA invites stakeholders to provide their feedback on the Consultation Papers listed below by responding to the questions via the online surveys no later than 2 January 2025. All responses will be published on EIOPA’s website unless otherwise requested.
On liquidity risk management
The draft RTS on liquidity risk management plans sets out the criteria defining which undertakings and groups should include medium- and long-term analyses in their liquidity risk management plans as well as specification on the content of the plans and the frequency at which they should be updated....
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