EIOPA consults on advice on the securitisation prudential framework review
  • Tuesday, 13 September 2022

EIOPA consults on advice on the securitisation prudential framework review

The European Insurance and Occupational Pension Authority (EIOPA) has published a consultation on the advice on the review of the securitisation framework in Solvency II. In October 2021, the European Commission sent a Call for Advice (CfA) to seek assistance to assess the performance rules on capital requirements and liquidity requirements relative to the framework’s original objective. With this consultation, EIOPA launches a data collection which includes a questionnaire to gather information on the main components of the CfA, i.e.:

  • Investment behaviour of the insurance undertakings.
  • Assessment of the securitisation capital framework.
  • Treatment of securitised products within Capital Requirements Regulation (CRR) and comparison with Solvency II.

EIOPA will consider the feedback received from stakeholders before submitting the final proposal for adoption. The commission needs to receive the advice no later than September 1st, 2022.