EIOPA: Solvency II: long term guarantee assessment
EIOPA has published its technical advice on the way forward for the introduction of the Solvency II long term guarantee package. EIOPA sets out a number of principles that need to be fulfilled in order to ensure a high degree of policyholder protection. It is also noted that it advises the exclusion of extended matching adjustment and suggest that the counter-cyclical premium be replaced with the volatility balancer which would deal with the unintended consequences on undertakings’ capital requirements of short-term volatility. EIOPA recommended that the impact of the application of the measures on the solvency position of inpidual undertakings be publicly disclosed as part of the normal disclosure process. Links to the report and accompanying documentation can be found via the following link.
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.
EC: Taxonomy Regulation – technical advice
DG FISMA has invited the ESAs to develop technical advice in order to inform the review of the Disclosures Delegated Act under the Taxonomy Regulation.