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Topics

1. Regulatory Change & Compliance
2. Sustainability
3. Risk Culture & Governance
4. Financial Crime
5. Data

Regulatory Change & Compliance

Focus areas: Consumer Protection (IDD – POG – Value for Money) – RIS – Transparency – Regulatory Outlook

• EIOPA publishes new guidelines to promote diversity on (re)insurers’ boards
• EU Supervisory Authorities warn consumers of risks and limited protection for certain crypto-assets and providers

Sustainability

Focus areas: Taxonomy – SFDR – CSRD – CSDDD – Sustainability preferences – Climate Risks – Greenwashing – Stress testing – ORSA – Protection Gap - …

• Sustainability reporting and due diligence: simpler rules for fewer companies

Risk Culture & Governance

Focus areas: Business Continuity / Operational Resilience – COVID – Culture - Governance & Risk Management - Outsourcing – Recovery & Resolution - Solvency II

• EIOPA updates the RFR Technical Documentation
• EIOPA's insurance risk dashboard shows overall stability amid persistent tensions
• EIOPA launches new set of consultations related to the Solvency II Review
• Insurance Europe note on the role of data in insurance

Financial Crime

Focus areas: AML/CFT - Financial Crime – Fraud

• FATF update: Jurisdictions under Increased Monitoring (Grey list)
• FATF update: Re-application of UN Security Council Resolutions related to Iran

Data

Focus areas: DORA – GDPR – Technology / Data / Innovation (AI) – Information and Communication Technology – Open insurance

• EDPS Guidance on Generative AI, strengthening data protection in a rapidly changing digital era

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.