Home Knowledge IN SHORT – Central Bank of Ireland Updates

IN SHORT – Central Bank of Ireland Updates

The Central Bank has issued the following papers of interest to (re)insurers since our last update:

  • Non Statutory Guidance on the Fitness and Probity Amendments 2014: See the guidance here. See our article here.
  • Guidelines on Variable Remuneration for Sales Staff as part of on-going engagement on achieving a consumer-centred sales culture: View the Guidelines here.  See our article here.
  • Guidelines on Preparing for Solvency II – Q&A: View the Q&A here.
  • Discussion Paper on Risk Appetite for All Regulated Organisations: View the paper here.
  • EU and International Roadmap: View the roadmap here.
  • Regulatory Transactions Service Standards Performance Report: View the report here.
  • Research on the Irish Reinsurance Industry in Ireland: Development and Issues: View the research paper here.
  • Guidance on Life-assurance Companies Opting into the Italian Withholding Tax Regime: View the guidance here
  • Findings of review of data integrity of regulatory returns: View the letter issued by the CBI to the relevant firms here.   
  • FLAOR Reporting Tool made available for Medium Low and Low Impact (Re)insurance Undertakings: View the Press Release here.