Newsletter
Summary of regulatory developments: Updates for November 2022
07 December 2022
This report reviews regulatory updates in September 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:
- EIOPA publishes its Risk Dashboard based on Q2 2022 Solvency II data
- PRA publishes CP14/22 "Review of Solvency II: Reporting Phase 2" and FS1/22 "Potential Reforms to Risk Margin and Matching Adjustment within Solvency II"
- EIOPA issues two staff papers related to the Insurance Recovery and Resolution Directive proposal
- ESAs launch joint Call for Evidence on greenwashing
- FCA publishes further consultation and announcements on the wind-down of LIBOR
- Additional EIOPA publications on regulation, cyber components in insurance stress testing, and climate change
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