EIOPA publishes first batch of IRRD Guidance

EIOPA has published its first batch of guidelines and draft technical standards relating to the Insurance Resolution and Recovery Directive (IRRD):

  • Draft Regulatory Technical Standards (RTS) on the content of pre-emptive recovery plans (here).
  • Draft RTS on criteria for pre-emptive recovery planning requirements and methods to be used when determining the market shares (here).
  • Draft RTS on the content of resolution plans and group resolution plans (here).
  • Guidelines on the criteria for the identification of critical functions (here).
  • Guidelines on the assessment of resolvability (here).
  • Guidelines on the measures to remove impediments to resolvability and the circumstances in which each measure may be applied (here).

The secretariat of Insurance Europe has prepared a high-level assessment of these final publications.