EIOPA has launched on 4 December 2024 the second batch of consultations on technical standards after Solvency II Review (here) . The consultations aim to gather feedback on various options and draft advice, ensuring the final recommendations to the Commission are well-informed and reflective of stakeholders’ views.
The six consultations issued today cover the following topics:
- Consultation on a report on biodiversity risk management (here)
- Consultation on Regulatory Technical Standards on management of sustainability risks including sustainability risk plans (here)
- Consultation on guidelines regarding the notion of diversity for the selection of the members of the administrative, management or supervisory body (here)
- Consultation on revised guidelines on undertaking-specific parameters (here)
- Consultation on revised guidelines on market and counterparty risk exposures in the standard formula (here)
- Consultation on revised Implementing Technical Standards on the lists of regional governments and local authorities’ exposures to whom are to be treated as exposures to the central government (here)
On 26 February, the secretariat of Insurance Europe submitted the following final responses to EIOPA’s second batch of six Solvency II review consultations. The secretariat has shared the final responses directly with EIOPA via email and their survey tool.
The six submitted responses were to the following consultations on:
- Regulatory Technical Standards (RTS) on management of sustainability risks, including sustainability risk plans
- A report on biodiversity risk management
- Guidelines regarding the notion of diversity for the selection of the members of the administrative, management or supervisory body.
- Revised guidelines on undertaking-specific parameters (USPs)
- Revised Implementing Technical Standards (ITS) on the lists of regional governments and local authorities’ exposures to whom are to be treated as exposures to the central government
- Revised guidelines on market and counterparty risk exposures in the standard formula