On 2 February 2015, the European Insurance and Occupational Pensions Authority (EIOPA) issued its first set of Guidelines under the Solvency II Directive in all official languages of the EU.  National Competent Authorities (NCAs) must confirm whether they comply or intend to comply with the Guidelines by 2 April 2015.  On 3 February 2015, EIOPA also issued its final reports on two public consultations under Solvency II, relating to Guidelines on the System of Governance (Governance Guidelines); and Guidelines on Own Risk and Solvency Assessment (ORSA Guidelines).  Interestingly, the report indicates that several stakeholders submitted that there are many instances where the Governance Guidelines go beyond the provisions of the Solvency II Directive.  EIOPA confirms that it does not agree with this view.