Events listed in Insurance
Stellungnahme zum Wachstumschancengesetz
ID 24385
Der GDV veröffentlicht seine Stellungnahme zum Referentenentwurf des Wachstumschancengesetzes. Das Wachstumschancengesetz zielt darauf ab, die steuerlichen Bedingungen zu optimieren und das Steuersystem zu modernisieren und zu vereinfachen. Der Verband äußert in einer konsolidierten Stellungnahme der führenden Wirtschaftsverbände grundsätzliche Zustimmung zum Entwurf, fordert jedoch bei bestimmten Aspekten deutliche Anpassungen. Hierzu gehören insbesondere Änderungen der Zins ...
Konsultation abgeschlossen: BaFin veröffentlicht Merkblatt zum Zuordnungsansatz
ID 24378
Die BaFin veröffentlicht ein Merkblatt 02/2023 (VA) zur Anwendung des Zuordnungsansatzes durch Lebensversicherungsunternehmen im engeren Sinne sowie Pensionskassen und Pensionsfonds im Rahmen der EU-Offenlegungsverordnung, welches Unternehmen ermöglicht, Vermögenswerte konkreten Finanzprodukten zuzuordnen, um den Anforderungen der EU-Offenlegungsverordnung (SFDR) zu entsprechen. Der optionale Zuordnungsansatz erläutert die Möglichkeit, spezifische Kapitalanlagen nur zur Offen ...
Leidraad Klimaatcommitment verbeterd
ID 24361
A new version of the guidance for relevant financing and investments has been jointly published by the umbrella organizations involved in the Climate Commitment, including the Pension Federation. The four umbrella organizations (the Dutch Banking Association, the Association of Insurers, the Pension Federation, and DUFAS) will update the guidance annually. This second version of the guidance applies to the **reporting of the CO2 content ...
Terugkoppeling onderzoek marktrisico handelaren eigen rekening
ID 24358
In mid-January 2023, DNB initiated an investigation into market risk among a group of supervised proprietary traders. The purpose of this inquiry was to gain an understanding of the reporting and risk management framework for market risk. While individual institutions will receive specific feedback, this sector-wide news update focuses on the general findings and areas of concern arising from the investigation. The research has ...
S.I. No. 375/2023 – European Union (Protection of Persons Who Report Breaches ...
ID 24333
The European Union (Protection of Persons Who Report Breaches of Union Law) Regulations 2023, designated as S.I. No. 375/2023, was enacted by Paschal Donohue, Minister for Public Expenditure, National Development Plan Delivery, and Reform, in accordance with the authority vested in him by the European Communities Act 1972. The purpose of these regulations is to further implement the Whistleblower Directive, dated 23 October 2019 ...
Defined benefit pension scheme consolidation
ID 24318
In 2018, the Department for Work and Pensions (DWP) launched a consultation on a proposed regulatory framework for pension superfunds. Such funds would consolidate smaller defined benefit (DB) pension schemes under the roof of one superfund bringing about economies of scale, better investment opportunities, and safer and better outcomes to savers and the UK economy as a whole, respectively. Concurrently, superfunds could serve as ...
KoFIU Announces Measures to Strengthen Responsibility and Professional Capacity in ...
ID 24304
The Korea Financial Intelligence Unit (KoFIU) has presented its plans to improve the AML responsibilities in financial institutions among professionals. The proposed measures ensure that AML officers‘ duties are transparent, performed effectively and responsibly. KoFIU proposes that the AML officers‘ employees‘ activities should be overseen. Additionally, the reporting officers‘ duties should be reviewed so that the responsibility is clearer and narrow ...
AFM vraagt aandacht voor de voorbereiding op DORA
ID 24289
The Dutch Authority for the Financial Markets (AFM) is drawing attention to preparations for the Digital Operations Resilience Act (DORA). It has published a document explaining the substantive aspects of DORA. This publication *supports companies in assessing their state of cyber security and in determining the necessary steps to comply with the regulation. The AFM remarks, that firms should start **preparing for DORA as ...
AFM onderzoekt vermogensscheiding bij derde pijler beleggingsproducten
ID 24239
The Dutch Authority for the Financial Markets (AFM) conducted an investigation into compliance with the Financial Supervision Act (Wft) regarding the transfer of tax-facilitated investment products within the third pillar. The findings of the investigation revealed that not all market parties possessed adequate licenses to hold customer funds. Furthermore, the AFM identified a **risk of commingling of assets when customer funds are temporarily held ...
Prudentiele aandachtspunten bij aanvragen en in het doorlopend toezicht
ID 24115
The Dutch Central Bank (DNB) has issued a factsheet to provide further clarification on certain prudential considerations related to investment firms and investment management companies. This move is prompted by instances where prudential laws and regulations are not correctly interpreted in practice. Incorrect interpretations can result in delays or even jeopardize the issuance of licenses or no-objection certificates. Moreover, such misinterpretations may lead to ...