EIOPA consults on PEPP technical standards for supervisory reporting

The European Insurance and Occupational Pensions Authority (EIOPA) has launched a consultation on the implementation of technical standards for supervisory reporting and cooperation for the pan-European personal pension product (PEPP).

The consultation sets out EIOPA’s proposals for the annual supervisory reporting requirements on PEPP and formalise the notifications required by the PEPP regulation to facilitate efficient processes in the cooperation between competent authorities and EIOPA.

“The regular, annual submission of information on the PEPP business and efficient communication channels between competent authorities are key building blocks of the supervisory framework for the PEPP,” the authority said.

“In developing its proposals, EIOPA sought input from the supervisory community of the insurance and pension sectors, the other European Supervisory Authorities, and conducted an active dialogue with EIOPA's stakeholder groups.”

The consultation is open until 20 May 2020, with EIOPA inviting stakeholders to give feedback on its proposals. It says such feedback is “necessary” to ensure that the requirements enforce strong product supervision for PEPP and effective cooperation between PEPP competent authorities and EIOPA.

Following the closure of the consultation, EIOPA said it will consider the feedback and it expects to publish a final report on the consultation and to submit the consultation paper for adoption by the board of supervisors.

The consultation can be viewed here.

    Share Story:

Recent Stories


Podcast: The benefits of private equity in pension fund portfolios
The outbreak of the Covid-19 pandemic, in which stock markets have seen increased volatility, combined with global low interest rates has led to alternative asset classes rising in popularity. Private equity is one of the top runners in this category, and for good reason.

In this podcast, Munich Private Equity Partners Managing Director, Christopher Bär, chats to European Pensions Editor, Natalie Tuck, about the benefits private equity investments can bring to pension fund portfolios and the best approach to take.

Podcast - The power of three: Using Common Contractual Funds to improve tax outcomes for investors
Large asset owners are still investing in equities in a way where they are taxed on their income. The implication is that they get a poorer return. They need to, and can, improve this, but how?

In this podcast, AMX Head of Client and Manager Development, Aaron Overy, and AMX Product Tax Specialist, Kevin Duggan, discuss with European Pensions Editor, Natalie Tuck, about three options to help ensure good withholding tax outcomes for institutional investors.
Mitigating risk
BNP Paribas Asset Management’s head of pension solutions, Julien Halfon, discusses equity hedging with Laura Blows

Europe’s pensions challenges
Francesca Fabrizi meets Matti Leppälä, Secretary General and CEO of PensionsEurope, to discuss the key aims and objectives of the association today.