This report reviews regulatory updates in December for life insurance companies. We include items published by the European Supervisor Authorities (ESAs), European Insurance and Occupational Pensions Authority (EIOPA), Prudential Regulation Authority (PRA), Financial Conduct Authority (FCA), with details for each agency, such as:

• FCA sets out plans to improve engagement with pensions & information provided to retail investors
• EIOPA publishes "DP on the Prudential Treatment of Sustainability Risks" and financial stability report on key risks
• FCA announces Environmental, Social, and Governance Advisory Committee to its board
• PRA publishes Policy Statement 12/22 "Insurance special purpose vehicles..."
• Further EIOPA publications