Dear Guest! If you find an error on the page or you have any technical question please call the customer service center. Phone number is 06-80-203-776. The Central Bank of Hungary.

EIOPA: Findings of the Regular Supervisory Report (RSR) Peer Review Published


18 Jun 2020

Today, the European Insurance and Occupational Pensions Authority (EIOPA) published the findings of its peer review of the Regular Supervisory Report (RSR). The peer review examined how and to what extent the proportionate approach set out under the Delegated Regulation has been implemented among national competent authorities (NCAs). It also aims to determine if further convergence is needed on the frequency of submission of RSRs.

In the peer review, EIOPA analysed legal and regulatory frameworks and national supervisory practices across 31 National Competent Authorities (NCAs) in relation to decisions on the frequency of submission of the RSR, and the communication of those decisions to undertakings.

EIOPA issued a number of recommended actions that NCAs should take to bring about greater convergence in their approaches and a more consistent implementation of the principle of proportionality. NCAs are expected to have implemented the recommended actions targeting supervisory shortcomings by 2022.

As a result of the findings of the peer review, EIOPA will take number of actions to further achieve supervisory convergence in this area. It will develop further guidance in relation to the minimum requirement for submission of the full RSR and its mandatory assessment by NCAs, as well as towards the communication of the frequency of the RSR.

Related document

Results of the Peer Review on the Regular Supervisory Report


This website uses cookies to provide a more convenient browsing experience. By using this website, you accept the use of cookies. Please read our Cookie Guidelines, for more information on cookies, including information on how to disable or delete them.I accept

Please be informed that our Data Protection Guidelines were changed to be compliant with data protection laws.I understand