Insurance Regulatory Watch – December 2025
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!
Topics
- Regulatory Change & Compliance
- Sustainability
- Risk Culture & Governance
- Financial Crime
- Data
Regulatory Change & Compliance
Focus areas: Consumer Protection (IDD – POG – Value for Money) – RIS – Transparency – Regulatory Outlook
- FSMA – New communications on continuing professional training obligations for compliance officers and accreditation of training providers FR or NL
- Opinion of the Insurance Commission on draft law amending the Insurance Act of 4 April 2014 to prohibit suicide attempt exclusions in travel insurance FR or NL
- FSMA – Newsletter on submission of continuing professional education reports by intermediaries and credit providers FR or NL
Sustainability
Focus areas: Taxonomy – SFDR – CSRD – CSDDD – Sustainability preferences – Climate Risks – Greenwashing – Stress testing – ORSA – Protection Gap - …
- EFRAG launches the ESRS Knowledge Hub, a new digital gateway to sustainability reporting
- Three New EFRAG Guides Now Available to Support SMEs in Sustainability Reporting
- EFRAG publishes complementary materials supporting the draft simplified ESRS
- Simplified sustainability reporting and due diligence rules for businesses
- NBB Circular 2025_20 – Additional technical provisions in life insurance and occupational accident insurance FR or NL
Risk Culture & Governance
Focus areas: Business Continuity / Operational Resilience – COVID – Culture - Governance & Risk Management - Outsourcing – Recovery & Resolution - Solvency II
- EIOPA updates reference portfolios used to calculate the volatility adjustment to the Solvency II risk-free rate term structures
- EIOPA launches a new set of consultation papers in relation to the implementation of EU’s insurance recovery and resolution framework
- EIOPA publishes its 2025 report on cross-border IORPs
- EFRAG issues Endorsement Advice on Amendments to the Reduced Disclosure Standard
Financial Crime
Focus areas: AML/CFT - Financial Crime – Fraud
- Newsletter aux AMLCO : Lutte contre le blanchiment de capitaux et le financement du terrorisme (« LBC/FT ») FR or NL
- FATF 2025 Mutual Evaluation (Belgium) of AML/CFT/CPF Effectiveness and Compliance with FATF Recommendations
Data
Focus areas: DORA – GDPR – Technology / Data / Innovation (AI) – Information and Communication Technology – Open insurance
- FATCA: Market Court refers key questions on EU Law compliance and US data transfers to the CJEU FR or NL
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.
