The European Insurance and Occupational Pensions Authority (EIOPA) is the authority responsible for prudential supervision in the insurance and pensions sector in Europe. EIOPA is part of the European System of Financial Supervisors and is based in Frankfurt. DNB is a member of the Board of Supervisors, EIOPA’s principal decision-making body.
EIOPA has the following main tasks:
EIOPA has powers to propose binding technical standards. The European Commission can subsequently endorse these standards, possibly after amending them. After endorsement, the standards are immediately applicable and do not have to be implemented nationally.
EIOPA only conducts prudential supervision in the insurance and pensions sector. The European supervisory authorities in other sectors are the European Securities and Markets Authority (ESMA) for the securities sector and the European Banking Authority (EBA) for the banking sector.
Dutch mortgage funds received €2 billion in new investments from institutional investors such as pension funds and insurers in the first three quarters of 2024, DNB figures show. This is less than in previous years and can be attributed to market interest rates having risen sharply during 2022.
Read more Investor interest in Dutch mortgage funds continues to decline
On Tuesday 5th November from 3:00-4:45 PM CET DNB will organize a physical information session about fit and proper assessments.
Read more Information session about fit and proper assessments DNB
From 25 November 2024, Jochem Dijckmeester will succeed Cindy van Oorschot as Divisional Director of Pension Supervision at DNB.
Read more Jochem Dijckmeester appointed Divisional Director of Pension Supervision
Embedded finance offers customers the convenience of in-app payment options and on-the-spot insurance. This seamless integration of financial services, available exactly when and where they are needed, makes life simpler. But this innovation also entails new risks.
Read more Embedded finance: striking a balance between convenience and risk in the digital economy
