15 Apr, 2024 EIOPA lays down expectations for third-country reinsurance supervision By Jimi Piggott-Bader The European Insurance and Occupational Pensions Authority (EIOPA) has issued a supervisory statement laying down expectations for the...
22 Mar, 2024 UK lays out six-month process to choose critical third parties By Raza Naeem Jimi Piggott-Bader Simon Treacy Businesses that support the UK financial services sector may be designated as a “critical third party” under incoming rules. The...
27 Feb, 2024 Commission finalises approach to criticality criteria and oversight fees under DORA By Jimi Piggott-Bader Simon Treacy Raza Naeem The European Commission has adopted two delegated regulations under the EU’s Digital Operational Resilience Act. This builds on advice...
29 Jan, 2024 PRA consults on plans to bolster insurers' solvent exit planning By Jimi Piggott-Bader The PRA has opened a consultation (CP2/24) on how insurers prepare to execute solvent exits. All PRA-regulated insurers – other than...
24 Jan, 2024 Opening panDORA’s box: ESAs finalise first batch of DORA Level 2 By Raza Naeem Jimi Piggott-Bader Simon Treacy The European Supervisory Authorities have submitted to the European Commission the first batch of draft technical standards under DORA....
18 Dec, 2023 EU: EIOPA consultation on anti-greenwashing opinion for insurance and pension sectors By Jimi Piggott-Bader Raza Naeem Julia Vergauwen Premlata Fagan +1 more... Show less The European Insurance and Occupational Pensions Authority (EIOPA) has published a consultation paper on its proposed approach to tackle...
15 Dec, 2023 ESAs release second batch of DORA level 2 standards By Raza Naeem Jimi Piggott-Bader Simon Treacy The EU’s Digital Operational Resilience Act starts to apply in January 2025. Before then the European Supervisory Authorities need to put...
14 Dec, 2023 PRA and FCA consult on updates to guidance on the prudential assessment of acquisitions and increases in control By Jimi Piggott-Bader The PRA and the FCA have opened a consultation (CP25/23) on plans to replace the EU's non-binding guidelines on the prudential assessment...