mast image

Special Report

Impact investing


CEIOPS pension committee seeks consensus

EUROPE - The European Union's Committee of European Insurance and Occupational Pension Supervisors has stated it will seek to "build consensus where possible".

"The aim of consultation is to build consensus where possible between all interested and affected parties on what legislation or regulation or supervisory practice is appropriate," the Frankfurt-based group said.

CEIOPS - in a draft statement explaining its intended consultation practices - said it would benefit from "the expertise of market participants and operators, consumers and end-users" in assessing regulatory or supervisory issues.

It emphasised the "need for a flexible and proportionate approach to consultation that can be adapted according to the nature and significance of an issue and the need for confidentiality".

"CEIOPS's aim is to build up at an early stage an open dialogue with market participants, consumers and end-users with regard to identifying, assessing and analyzing regulatory or supervisory issues and possible solutions, thus benefiting form their expertise," the committee said in a statement.

"It is therefore of utmost importance to CEIOPS to set up appropriate principles for this consultation process between all interested and affected parties."

The committee, chaired by Henrik Bjerre-Nielsen, was set up late last year by the European Commission alongside a series of other new financial service committees as part of the so-called Lamfalussy process of consultation.

Have your say

You must sign in to make a comment


Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2543

    Asset class: Search of an Asset manager / Advisor managing / Advising a risk-based equity derivatives overlay program.
    Asset region: Global Developed Markets Equities, Global Emerging Markets Equities, Swiss Equities.
    Size: CHF 700-2100 million.
    Closing date: 2019-06-17.

  • QN-2544

    Asset class: Transitional Real Estate Debt.
    Asset region: North America (USA/Canada).
    Size: $50-100mn.
    Closing date: 2019-06-17.

  • QN-2546

    Asset class: Real Estate Equity Fund (non listed).
    Asset region: Europe.
    Size: Total CHF 600m, approx. CHF 100-300m per fund investment.
    Closing date: 2019-06-28.

Begin Your Search Here