Insurance Regulatory Watch – January 2022
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.
Topics
- Regulatory Change & Compliance
- Sustainability
- Risk Culture & Governance
- Financial Crime
Regulatory Change & Compliance
Focus areas : Brexit - Consumer protection – PRIIPs – Regulatory Outlook
- EIOPA's first report on the application of the Insurance Distribution Directive (IDD)
- EIOPA's consultation on its proposals on Retail Investor Protection
- FSMA's newsletter on the new reporting on continuing education
- FSMA's Handbook on IDD rules of conduct
Sustainability
Focus areas: impact of sustainable finance on insurance
- FSMA's Rules on Sustainable Finance (summary guide for credit institutions, management companies and investment firms)
- European Commission's expert consultations on EU Taxonomy Complementary Delegated Act covering certain nuclear and gas activities
- Platform on Sustainable Finance's response to the Taxonomy Regulation draft Complementary Delegated Act covering nuclear and gas activities
- EIOPA's third paper on methodological principles of insurance stress testing climate risks
- ClimateWise Principles Independent Review 2021
Risk Culture & Governance
Focus areas: Business continuity / operational resilience – COVID – Culture - Governance & risk management - Open insurance – Outsourcing - Solvency II - Information and Communication
- FSB's Practice Papers on Resolution Funding for Insurers
- FSB's Practice Papers on Internal Interconnectedness in Resolution Planning for Insurers
Financial Crime
Focus areas: AML/CFT - Financial Crime - Fraud
- EBA’s Opinion on de-risking
- EBA's Launch of EuReCA', the EU's central database for anti-money laundering and counter-terrorism financing
- Moneyval's Typologies report on AML/CFT supervision in times of crisis
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.
