On 23 May 2013, Julian Adams – Deputy Head of the PRA and Executive Director of Insurance – wrote a letter to all firms affected by Solvency II. The letter includes updates on EIOPA’s consultation on preparatory guidelines, the long-term guarantees assessment and our 2013 data collection exercise.
On 27 March 2013, EIOPA published its consultations on preparatory guidelines for Solvency II. The guidelines cover areas that EIOPA considers to be the most stable and fundamental to ensure effective preparation by Member States starting from 1 January 2014.