European Union: Insurance Laws and Products

The Central Bank of Ireland has published a consultation on proposed refinements to the domestic actuarial regime under Solvency II, while the European Commission adopted a communication addressing competitiveness challenges in the EU banking sector. EIOPA completed its Solvency II review mandate by publishing the final set of guidelines and technical standards for the amended framework.

Le report au 2 décembre 2027 des obligations applicables aux systèmes d’IA à haut risque ne suspend pas l’AI Act pour la banque et l’assurance : l’application générale du règlement reste fixée au 2 août 2026.

On 30 March 2026, EIOPA published a final report on a draft implementing technical standards (ITS) and guidelines on supervisory reporting and public disclosure supplementing the Solvency II Directive.

An emerging solution is permit appeals insurance, which aims to enable projects to start before a permit becomes irrevocable, turning legal uncertainty into manageable risk.

The Central Bank of Ireland's 2025 Authorisations and Gatekeeping Report reveals significant insights into regulatory processing times, fitness and probity reforms, and authorisation trends across Ireland's insurance sector. Notable developments include the establishment of a centralised F&P Unit, variations in post-authorisation processing times, and a High Court decision on prohibition notices that underscores the importance of procedural fairness in regulatory enforcement.

The Central Bank of Ireland is advancing its regulatory framework through multiple initiatives, including a consultation on regulatory impact assessments and consultation approaches, speeches on financial intermediaries and macroprudential policy, and guidance on insurance sector changes. These developments reflect the Central Bank's commitment to simplification, proportionality, and evidence-based policymaking while maintaining robust consumer protection and financial stability standards.

This comprehensive update examines recent regulatory developments across European financial services, from the Central Bank of Ireland's policy priorities amid global uncertainty to EIOPA's consultation on insurance guarantee schemes...

A ‘resolution stay recognition clause’ in a relevant financial contract governed by the law of a third-country if the contract either creates a new obligation or materially amends an existing obligation...

Gérard Haas et son équipe ont compilé pour vous les actualités clés afin de vous permettre de rester à jour sur les dernières tendances et évolutions des secteurs juridique et numérique.