Insurance Regulatory Watch – June 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!
Topics
- Regulatory Change & Compliance
- Sustainability
- Risk Culture & Governance
- Financial Crime
- Data
Regulatory Change & Compliance
Focus areas : Brexit - Consumer protection – PRIIPs – Regulatory Outlook
- EIOPA publishes its Annual Report 2022
- EIOPA to undertake the first joint mystery shopping exercise across several EU Member States
- The FSMA publishes its annual report and provides update on its future projects FR or NL
- The FSMA launches comparison tool for family civil liability insurance FR or NL
Sustainability
Focus areas: Taxonomy – SFDR – CSRD – CSDDD – Sustainability preferences – Climate Risks – Greenwashing – Stress testing – ORSA – Protection Gap - ...
Greenwashing | |
Protection gap | |
Sustainability preferences | |
Carbon pricing |
Risk Culture & Governance
Focus areas: Business Continuity / Operational Resilience – COVID – Culture - Governance & Risk Management - Outsourcing – Recovery & Resolution - Solvency II
- IAIS’ public Consultation on Insurance Capital Standard as a Prescribed Capital Requirement
- IAIS’ questions for Consultation on Insurance Capital Standard as a Prescribed Capital Requirement
- EIOPA - European insurers and pension funds hold up well despite elevated financial stability risks
- ESAs’ joint Consultation on the first batch of DORA policy products
- Insurance Europe response to EIOPA’s consultation on IORP II review
Financial Crime
Focus areas: AML/CFT - Financial Crime – Fraud
- No relevant information for this month
Data
Focus areas: Cyber – Data Privacy – Technology / Data / Innovation – Information and Communication Technology – Open insurance
- EBA and EIOPA publish Data Point Modelling Standard 2.0 to foster collaboration and harmonisation in the field of supervisory reporting
- NBB publishes the economic consequences of artificial intelligence: an overview 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.
