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After a long wait, IORP II has finally been transposed into Irish law with the signing of The European Union (Occupational Pension Schemes) Regulations 2021 by the Minister for Social Protection.
After a long wait, IORP II has finally been transposed into
Irish law with the signing of The European Union (Occupational
Pension Schemes) Regulations 2021 (S.I. 128 of 2021) (the
"Regulations") by the Minister for Social
Protection.
In this briefing, we examine some of the key aspects of the
Regulations, including:
New fit and proper requirement for trustees;
The enhanced supervisory role of the Pensions Authority;
New requirements to appoint key function holders; and
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.
