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ARTICLE · 07 NOVEMBER 2023

FIG Top 5 At 5 - 26/10/2023

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The Central Bank of Ireland ("Central Bank") recently held a half day workshop on Solvency II Taxonomy 2.8.0 which was issued by the European Insurance and Occupational Pensions Authority ("EIOPA")...

European UnionInsurance
Matheson LLP
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1. Insurance Updates

Central Bank of Ireland workshop on Solvency II Taxonomy 2.8.0

The Central Bank of Ireland ("Central Bank") recently held a half day workshop on Solvency II Taxonomy 2.8.0 which was issued by the European Insurance and Occupational Pensions Authority ("EIOPA") in March of this year ("Taxonomy"). The Taxonomy removes certain existing templates, makes changes to others and also includes a number of additional templates. These changes will be applicable for Q4 2023 reporting. The Central Bank has released the full slide deck from the information session which can be found here.

Memorandum of Understanding for Reporting Insurance Fraud is signed

On 24 October 2023, a Memorandum of Understanding for reporting insurance fraud was signed by An Garda Síochána, Insurance Ireland and Alliance for Insurance Reform (a copy of which has not yet been made publically available). In a press release, the Minister for Financial Services, Insurance and

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