The European Insurance and Occupational Pensions Authority (EIOPA) today launched a consultation on its proposal for revised Guidelines concerning the exchange of information on a systematic basis within Colleges of Supervisors.
The revised Guidelines aim to facilitate supervisory cooperation and ensure a consistent approach to information exchange among National Competent Authorities (NCAs) responsible for the supervision of cross-border insurance groups within the European Economic Area (EEA).
The revised Guidelines build on the existing framework introduced in 2015 by adding a new Guideline on the exchange of group Own Risk and Solvency Assessment (ORSA) report, streamlining the technical annexes and updating legal references to reflect the latest regulatory changes.
They are addressed to national supervisors and supplement existing Guidelines on the operational functioning of colleges.
Consultation process
EIOPA invites all interested stakeholders to provide their feedback by responding to the EU Survey no later than 14 October 2025. All responses will be published on EIOPA’s website, unless otherwise requested.
Background
Colleges of supervisors are forums where national supervisory authorities coordinate the supervision of insurance groups operating across borders. They facilitate information exchange, promote joint decision-making, and support the adoption of common supervisory approaches for effective group-wide oversight under the Solvency II framework.
Details
- Publication date
- 14 July 2025