07.06.2013 Views

EIOPA Work Programme 2013 - EIOPA - Europa

EIOPA Work Programme 2013 - EIOPA - Europa

EIOPA Work Programme 2013 - EIOPA - Europa

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Deliverables<br />

Guidelines on criteria for the calculation of<br />

market shares for derogations to reporting<br />

requirements<br />

Develop, finalise and test processes for<br />

<strong>EIOPA</strong> tasks under Solvency II, including:<br />

Derivation and publication of the risk free<br />

rate on a monthly basis, including<br />

necessary adjustments (Article 77a).<br />

Collection and publication of various sets<br />

of information (list of authorised firms<br />

(Article 25), report about the use of<br />

capital add ons (Article 52), lists of<br />

regional governments and local<br />

authorities, exposures to whom are to be<br />

treated as exposures to the central<br />

government (Article 109a)<br />

Mapping of external credit assessments<br />

Monitor IFRS developments and publish<br />

standards when IFRS is not consistent<br />

with SII (Article 75)<br />

Opinion to the European Commission no<br />

later than 4 years after the date of<br />

application of SII on whether correlation<br />

parameters need to be updated (Article<br />

111)<br />

At the request of undertakings, (or own<br />

9 Consistent with draft preliminary resource note on SII (8 May 2012)<br />

Priority Resources 4 Objective Origin of request<br />

TBD 0.25 FTE Provide guidance determining<br />

criteria for the calculation of<br />

market shares for the purpose<br />

of allowing for exemptions of<br />

reporting obligations.<br />

Article 35 SII Directive.<br />

H 2,90 9 FTE Put in place the business<br />

processes that will ensure the<br />

delivery of <strong>EIOPA</strong>’s input to the<br />

convergent application of the<br />

regulatory measures.<br />

45/65<br />

ECON report OMDII<br />

Own initiative + specific<br />

requirements of SII<br />

Directive.<br />

<strong>EIOPA</strong> Regulation, Art. 8(b)<br />

© <strong>EIOPA</strong> 2012

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!