In brief: CEIOPS issues consultation papers on Solvency II

Consultation Paper (CP) 13 is seeking industry feedback on insurance undertakings’ Internal Risk and Capital Assessment requirements, supervisors’ evaluation procedures and harmonised supervisors’ powers and tools.

CP 14 seeks comments on sub-group supervision, diversification effects, cooperation with third countries and issues related to the Minimum Capital Requirements (MCR) and Solvency Capital Requirements (SCR) in a group context.

Feedback for both papers is requested by September 12. Click

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