Regulations and guidelines of standard 1.5 on the supervision of financial and insurance conglomerates have been repealed

Regulations and guidelines concerning financial and insurance conglomerates issued in “Standard 1.5, supervision of financial and insurance conglomerates” have been repealed as obsolete in terms of content.

The change also reflects Commission Delegated Regulation (EU) 2015/2303 and Commission Implementing Regulation (EU) 2022/2454. According to these Regulations, the thresholds and periods for reporting and overviewing risk concentrations and significant intra-group transactions shall be defined by the coordinating supervisor for each conglomerate.

For further information, please contact

Anne Hakkila, Senior Legal Adviser, telephone +358 9 183 5011 or anne.hakkila(at)fiva.fi