Risk Mitigation Streategies: EIOPA’s Guidelines

Risk Mitigation Streategies: EIOPA’s Guidelines

  • Posted By Giovanna Aucone
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  • 30 July 2021

By letter to the market of 28 July 2021, IVASS has fully acknowledged the content of the EIOPA Opinion on risk mitigation strategies. In fact, a study carried out by the European Insurance and Occupational Pensions Authority has shown that…

Capital Increase: New IVASS Regulation no. 48/2021

Capital Increase: New IVASS Regulation no. 48/2021

  • Posted By Giovanna Aucone
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  • 21 July 2021

IVASS has recently published Regulation no. 48 of July 13, 2021, containing the implementing regulations for the capital increase process (so-called capital add-on) envisaged by articles 47-sexies and 216-septies of the CAP. The use of the capital add-on tool is…

New IVASS Rules On AML Obligations

New IVASS Rules On AML Obligations

  • Posted By Giovanna Aucone
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  • 21 July 2021

Following the public consultation started on December 11, 2019, the new Regulation no. 111/2021 is currently under publication in the Official Journal of the Italian Republic. Such Regulation envisages amendments to Regulation 44/2019 on internal organization, procedures, and controls as…

The Administrative Court Annuls Some Provisions Of IVASS Order No. 97/2020 On Horizontal Cooperation And On Delivery Of The Pre-Contractual Declaration Of Consistency Of The Insurance Product

The Administrative Court Annuls Some Provisions Of IVASS Order No. 97/2020 On Horizontal Cooperation And On Delivery Of The Pre-Contractual Declaration Of Consistency Of The Insurance Product

  • Posted By Giovanna Aucone
  • |
  • 1 July 2021

On June 23, 2021, the Regional Administrative Court of Lazio upheld the appeal filed by S.N.A. (National Union of Insurance Agents) and voided certain provisions of IVASS Order no. 97/2020. The Syndicate’s objections essentially concerning violation of the law and…

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