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Europe’s multi-dimensional regulatory landscape Over 30 European and international bodies are involved in insurance regulations Global environment OECD Economic and Social Committee September 2004 EU IAIS Council of Ministers/ EU Presidency EMAC European Parliament LIBE IMF JURI Coreper ENTR TAXUD ITRE EFC ARC TRADE European Central Bank European Commission UNEP FSC IASB IFRIC EFRAG SANCO COMP MARKT WB EIOPC Cross-sectoral issues EIOPC Helsinki CEIOPS = central bodies = representation of States Financial stability Advisory Group Solvency II 3L3 WTO ESC CEBS CESR pensions NCOIL NAIC EFRAG = European Financial Reporting Advisory Group IASB = International Accounting Standards Board IFRIC = International Financial Reporting Interpretations Committee EIOPC = European Insurance and Occupational Pensions Committee CEIOPS = Committee of European Insurance and Occupational Pensions Supervisors NFCC = New Financial Conglomerates Committee FSC = Financial Services Committee EFC = Economic and Financial Committee ARC = Accounting Regulatory Committee EBS European Commission Directorates General TRADE = Trade COMP = Competition TAXUD = Taxation & customs MARKT = Internal Market SANCO = Health & Consumer Protection EMPL = Employment & Social Affairs ENV = Environment AGRI = Agriculture, Rural Development TREN = Transport & Energy ENTR = Entreprise & Information society OECD = Organisation for Economic Co-operation and Development IMF = International Monetary Fund WB = World Bank NAIC = National Association of Insurance Commissioners (USA) NCOIL = National Conference of Insurance Legislators (USA) WTO = World Trade Organisation UNEP = United Nations Environmental Programme IAIS = International Association of Insurance Supervisors
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