

EIOPA has opened a new series of consultations on legal instruments arising from the review of the Solvency II (SII) framework.
The six consultations concern two revised implementing technical standards (ITS), two revised guidelines (GL), one set of new regulatory technical standards (RTS) and one set of guidelines. These cover topics ranging from the calculation of the risk margin to supervisory powers for addressing deficiencies in insurers’ liquidity management.
The consultations stem from the recent review of the Solvency II framework, which aims to implement targeted improvements in the regulation and supervision of (re)insurers across Europe.
All revisions in this series of consultations align with EIOPA’s balanced approach to regulatory simplification and burden reduction. In particular, the consultation proposals on the revised guideline instruments include a reduction in the number of guidelines by at least 25%.
EIOPA invites stakeholders to provide their feedback on the consultation papers listed below by responding to the questions via the online surveys no later than 5 January 2025. All responses will be published on EIOPA’s website unless otherwise requested.