EIOPA sets up the timeline for the delivery of Solvency II Implementing Technical Standards and Guidelines
The European Insurance and Occupational Pensions Authority (EIOPA) has set up the timeline for the delivery of the Solvency II Implementing Technical Standards (ITS) and Guidelines.
The overall goal of the project is to deliver the regulatory and supervisory framework for the technical implementation of the Solvency II regime from the first day of application, 1 January 2016. It is of high importance to ensure a timely and proportionate application of Solvency II.
EIOPA will benefit from the input provided by all the interested parties during the public consultation process and in particular from the close liaison with its Insurance and Reinsurance Stakeholder Group.
Click here to view the detailed timeline for the delivery of Solvency II ITS and Guidelines.