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Having Solvency II fit for purpose is an important goal of the
current review. While the review of some rules is mandatory and
required already in the framework, changes in politics and economy
have gained in importance. Consideration of political requirements,
sustainability and macro-prudential aspects will broaden the scope
of the Solvency II framework.
The final adoption of a modified Directive requires approval by
Council, Parliament, and Commission. The negotiations in this
regard will not start before next year, then based on a positioning
of each of these trilogue parties. The available amendments to the
Directive proposed by these parties reveal significant
differences.
This web session aims at providing an overview of these amendments
and discussing different views and how and to which extent these
can contribute to an improvement of the framework. An assessment of
the fitness for purpose can differ considerably, contingent on the
expectation of the interested parties. We will focus on proposed
changes that might particularly affect the work of actuaries and
risk managers. Besides quantitative requirements effects on Pillar
2 and Pillar 3 will be included.
Commission has drafted a new Insurance Recovery and Resolution
Directive. Some of the proposed topics of this new Directive and
the connection with Solvency II will be presented as
well.
Your early-bird registration fee is € 100.00 plus 19% VAT for
bookings by 17 November 2022. After this date, the fee will be €
140.00 plus 19% VAT.
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