The European Insurance and Occupational Pensions Authority (EIOPA) has revealed that it carried out a country visit to Germany in 2025 to assess the implementation of the IORP II Directive.
According to its Oversight Activities Report 2025, the visit specifically examined the application of a risk-based, forward-looking supervisory approach required under IORP II.
During the year, EIOPA also engaged with Ireland's Pensions Authority, as the national competent authority, to follow up on findings and recommendations from a previous country visit.
It also continued to monitor progress with the registration of iorps in Cyprus following its Breach of Union Law recommendation issued in December 2023, as well as the implementation of recommendations arising from its country visit.
Separately, EIOPA said it concluded one project on the risk-based supervisory framework for iorps and launched a new three-year initiative.
The project aims to support national supervisors in implementing risk-based supervision of iorps and incorporating an environmental, social and governance (ESG) perspective into their supervisory frameworks.
Overall, EIOPA said it conducted 10 on-site country visits during 2025 covering prudential, conduct and pension-related supervision, as part of its efforts to strengthen supervisory convergence and deepen its understanding of national supervisory practices.
“Over the past year, EIOPA enhanced coordination among national supervisors and strengthened supervisory capacity across the European Economic Area (EEA) through country visits, technical assessments as well as active participation in colleges of supervisors, collaboration platforms and on-site inspections,” it stated.
Following the implementation of the Digital Operational Resilience Act (DORA), EIOPA’s oversight work also extended to digital operational resilience issues for the first time, such as cyber incident reporting, crisis management preparedness and the practical implementation of the framework by national supervisors.








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