Insurance Regulatory Watch – April 2023
Our Insurance Regulatory Watch provides you a clear and simple overview of the latest regulatory developments and publications in the insurance sector, in the domains of Regulatory Change & Compliance, Sustainability, Risk Culture & Governance and Financial Crime at the international, European and Belgian level.
Any questions or comments, or interested in a discussion on any of these topics, just get in touch!
- Regulatory Change & Compliance
- Risk Culture & Governance
- Financial Crime
Regulatory Change & Compliance
Focus areas : Brexit - Consumer protection – PRIIPs – Regulatory Outlook
Focus areas: Taxonomy – SFDR – CSRD – CSDDD – Sustainability preferences – Climate Risks – Greenwashing – Stress testing – ORSA – Protection Gap - ...
Risk Culture & Governance
Focus areas: Business Continuity / Operational Resilience – COVID – Culture - Governance & Risk Management - Outsourcing – Recovery & Resolution - Solvency II
- Commission Implementing Regulation (EU) 2023/895 with regards to the procedures, formats and templates for the disclosure of the solvency and financial condition report
- IAIS publishes report assessing the implementation of the Holistic Framework insurance standards in ten major markets
- Circular NBB_2023_03 / Circular on run-off and risk mitigation (NL / FR)
- Insurance Europe response to IAIS consultation on Issues Paper on roles and functioning of PPS
- ESAs call for vigilance in the face of mounting financial risks
- Commission proposes new economic governance rules fit for the future
Focus areas: AML/CFT - Financial Crime – Fraud
- EU - Tighter rules and better enforcement to stop the flow of dirty money
- FSMA publishes a Periodic questionnaire on the prevention of money laundering and terrorist financing FR or NL
Focus areas: Cyber – Data Privacy – Technology / Data / Innovation – Information and Communication Technology – Open insurance
- Commissions’ Cyber Q&A on EU capabilities for effective operational cooperation, solidarity and resilience
- IAIS GIMAR special topic edition provides assessment of cyber risks in the insurance sector and financial stability implications
The Ensur Insurance Regulatory Watch is not intended to serve as legal advice and is provided for informational purposes only. It is not intended to form the basis of any decisions and you should not rely on its content for any purposes whatsoever.