EC: Solvency II - NBS
The EC has adopted a formal opinion requiring the Slovak insurance supervisory authority (Národná banka Slovenska, NBS) to fully comply with Solvency II. It is noted that a supervised Slovak insurance company has been non-compliant over the past years with certain Solvency II rules. The EC notes that as long as no decisive supervisory measures have been taken, the NBS is not compliant with Solvency II.
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Last updated · 13 Mar 2026
Regulatory News - Insurance
See allEC: Preparedness in the EU financial sector
The Commission has published a report addressed to the Council and to the European Parliament and provides an overview of the current state of preparedness of the EU financial sector, building on continued discussions with ECB, the ESAs, ESRB, SRB, Member States and the financial services industry. It concludes that the the development of the Savings and Investments Union and the introduction of the digital euro is expected to improve the overall resilience of the EU financial sector and to further improve its level of preparedness.