The Committee of European Insurance and Occupational Pension Supervisors (CEIOPS) has published its comments on the review of the Lamfalussy framework (the Paper). In the Paper CEIOPS first summarises its current activities towards enhancing EU supervisory convergence. CEIOPS then discusses some of the successes and challenges of the Lamfalussy model. In the final part of the Paper CEIOPS discusses three building blocks for the Lamfalussy debate. The three building blocks are:

  • The objectives of supervision.
  • The institutional basis for supervision.
  • The future structure of insurance group supervision.

View CEIOPS comments to the Lamfalussy Review, 1 November 2007