The European Insurance and Occupational Pensions Authority (EIOPA) has issued an opinion on the supervision of liquidity risk management of Institutions for Occupational Retirement Provision (IORPs), aimed at enhancing the supervision of liquidity risk management by IORPs.
The opinion, which follows a consultation on its draft opinion, sets out expectations for national supervisors to monitor and assess the liquidity risk exposures of IORPs as well as their ability to manage these risks