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ARTICLE · 17 DECEMBER 2014

EIOPA Consults On Second Set Of Solvency II Implementing Technical Standards And Guidelines

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The European Insurance and Occupational Pensions Authority (EIOPA) has published 16 consultations in respect of the second set of draft implementing technical standards.

European UnionInsurance
Francesca Drake
Francesca Drake
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The European Insurance and Occupational Pensions Authority (EIOPA) has, on December 2, published 16 consultations in respect of the second set of draft implementing technical standards (ITS) and guidelines required under the Solvency II Directive (2009/138/EC).

The 16 consultations have been grouped under the three Solvency II pillars. EIOPA has also published two additional consultations on: (i) the draft guidelines on the supervision of branches of third-country insurance undertakings; and (ii) technical advice on recovery plans, finance schemes and supervisory powers in deteriorating financial conditions.

Responses to the consultations are requested by March 2, 2015 with the exception of the technical advice consultation for which responses are requested by February 18, 2015.  Consultations.

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