EIOPA opens first batch of consultations on technical standards after Solvency II Review

Written by Adam Cadle

02/10/2024

EIOPA has launched a series of consultations on regulatory technical standards (RTS) and implementing technical standard (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 – 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. EIOPA said 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 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.

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