The European Parliament's Committee on Economic and Monetary Affairs (ECON) announced it will hold a scrutiny debate on the delegated acts and implementing measures linked to the Solvency II review and the Insurance Recovery and Resolution Directive (IRRD) on 19 February 2025. The Solvency II Review Directive and the new IRRD entered into force on 28 January 2025 and will become applicable from 30 January 2027. Both directives include empowerments for delegated acts and implementing measures, and the debate is intended to accompany and scrutinise the ongoing work of the European Commission and the European Insurance and Occupational Pensions Authority (EIOPA) from the outset.
Committee on Economic and Monetary Affairs 2025-02-13
European Parliament's Committee on Economic and Monetary Affairs to hold scrutiny debate on Solvency II and IRRD delegated acts
The European Parliament's Committee on Economic and Monetary Affairs will hold a scrutiny debate on 19 February 2025 regarding delegated acts and implementing measures related to the Solvency II review and the Insurance Recovery and Resolution Directive (IRRD). These directives, effective from 28 January 2025, will be applicable from 30 January 2027, and the debate aims to oversee the European Commission and EIOPA's ongoing work.