EIOPA submits first bundle of technical standards to the European Commission after the review of Solvency II
EIOPA submitted three draft technical standards and one revised guideline to the European Commission to support the implementation of the updated Solvency II Directive. The documents address criteria for identifying insurance groups under dominant or unified control, assessing cross‑border activity relevance, updating lists of regional authorities for capital calculations, and revising guidance on undertaking‑specific parameters. The Commission has three months to decide on adoption. These measures aim to clarify supervisory responsibilities, enhance cross‑border oversight, and align technical rules with current legal frameworks, contributing to more effective and coordinated insurance supervision across the EU.