Worldwide:
EOIPA And China Insurance Regulatory Commission Sign MoU
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On June 15, the European Insurance and Occupational Pensions
Authority (EOIPA) and the China Insurance Regulatory Commission
signed a Memorandum of Understanding to set up joint work programs
and pursue joint activities.
The main objectives of the MoU are:
- To build a practical framework for
exchange of supervisory information.
- To update each other on the
developments in the regulatory and supervisory frameworks for
insurance and private pensions.
- To increase mutual understanding on
the Chinese (C-ROSS) and European (Solvency II) supervisory regimes
for insurance.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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