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Summary of regulatory developments: Updates for June 2024

10 July 2024

This report reviews regulatory updates in June for life insurance companies in Europe. We note items published by the European Insurance and Occupational Pensions Authority (EIOPA), European Supervisory Authorities (ESAs), Financial Conduct Authority (FCA), and Prudential Regulation Authority (PRA). Details include:

  • ESAs publish Joint Annual Report for 2023 and their Final Reports on Greenwashing in the financial sector.
  • EIOPA publishes its Annual Report for 2023 and its Q&A on regulation.
  • FCA publishes insurance multi-form review of outcomes monitoring under the Consumer Duty.
  • PRA publishes policy statement 10/24, “Review of Solvency II: Reform of the Matching Adjustment”

About the Author(s)

Isabel Stansfield

Monique Mahabir

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