Statuses

EIOPA report on good practices on comparison websites

In Unclassified on 05/02/2014 by Financial Services Commission

EIOPA has published a report summarising its findings in relation to good practices on comparison websites. EIOPA is aiming to promote transparency, simplicity and fairness for internet users in the market for online comparisons of insurance products. However, the report does not include any guidelines or recommendations.

The good practices outlined in the report concern primarily the activities of commercial comparison websites, but non-commercial websites’ operators are equally encouraged to check whether their procedures are in accordance with the good practices set out in this report, and to adapt them accordingly.

The good practices outlined in this report concern the following areas:

  • information about the website;
  • market coverage;
  • dealing with potential conflicts of interest;
  • criteria used to make the ranking;
  • presentation of information; and
  • frequency of updating the information.

A copy of the report is available.

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Statuses

EIOPA sets up the timeline for the delivery of Solvency II Implementing Technical Standards and Guidelines

In Unclassified on 04/02/2014 by Financial Services Commission

https://eiopa.europa.eu/activities/insurance/solvency-ii/index.html

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Statuses

EU Publishes Final Text of Mortgage Credit Directive

In Unclassified on 24/01/2014 by Financial Services Commission

On 16 January 2014, the European Union (EU) published the final text of the Mortgage Credit Directive on credit agreements for consumers relating to residential immovable property and amending Directives 2008/48/EC and 2013/36/EU and Regulation (EU) No 1093/2010.

To view please click on the following link: Mortgage Credit Directive-Final Text

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Statuses

FSC issues newsletter on IOSCO Principles on Suspension of CIS Redemptions

In Unclassified on 18/12/2013 by Financial Services Commission

http://www.fsc.gi/download/newsletters/news0913.pdf

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FSC staff supporting #GBCOpenDay

In Unclassified on 18/12/2013 by Financial Services Commission

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European Parliament approves the Mortgage Credit Directive

In Unclassified on 16/12/2013 by Financial Services Commission

The European Parliament has agreed the Mortgage Credit Directive. Click here to read the press release.

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Statuses

EBA publishes final draft technical standards on conditions for assessing materiality of extensions and changes of internal approaches for credit and operational risk

In Unclassified on 06/12/2013 by Financial Services Commission

To read more visit: http://www.eba.europa.eu/-/eba-publishes-final-draft-technical-standards-on-conditions-for-assessing-materiality-of-extensions-and-changes-of-internal-approaches-for-credit-and-

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