DEX Regulatory Suite IORP II

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The IORP II Directive sets common standards ensuring the soundness of occupational pensions and better protects pension scheme members and beneficiaries, by means of among others: new governance requirements, new rules on IORPs’ own risk assessment, new requirements to use a depositary, and enhanced powers for supervisors. EU countries have transposed the new rules into their national law starting January 2019. IORP II also implies new reporting obligations. EIOPA has published new reporting standards, and also have published a datapoint model which describes these reports.
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