Tag Archives: EIOPA

European Insurance and Occupational Pensions Authority (EIOPA) published Guidelines on Insurance-Based Investment Products (IBIPs)

The Guidelines apply to “execution-only” sales of insurance-based investment products (IBIPs) such as telephone and online sales The Guidelines ensure the appropriate use of “execution-only” sales by defining the types of products to be sold “execution-only” The Guidelines seek to … Read the full press release

European Central Bank publishes draft regulation on statistical reporting requirements for euro area pension funds

ECB publishes, for public consultation, the draft regulation on statistical reporting requirements for pension funds The draft regulation is aimed at increasing transparency in this fast-growing sector of the financial services industry The period of consultation runs from today until … Read the full press release

NB supports EIOPA in its efforts to establish a more realistic method to determine the UFR for insurers

AMSTERDAM, 20-May-2016 — /EuropaWire/ — The European Insurance and Occupational Pensions Authority (EIOPA) is holding a consultation about the determination of the ultimate forward rate (UFR) for insurers, the calculation method for long-term liabilities. DNB is a member of EIOPA and … Read the full press release