Europejski Urząd Nadzoru Ubezpieczeń i Pracowniczych Programów Emerytalnych (European Insurance and Occupational Pensions Authority - EIOPA), Czwarte coroczne sprawozdanie EIOPA w sprawie kar administracyjnych i innych środków określonych w dyrektywie IDD

EIOPA-BoS-23/520

21 December 2023

EIOPA 4TH ANNUAL REPORT ON ADMINISTRATIVE SANCTIONS AND OTHER MEASURES UNDER THE INSURANCE DISTRIBUTION DIRECTIVE (IDD) (2022)

EXECUTIVE SUMMARY

This Report provides an overview of the administrative sanctions or other measures (hereinafter referred to simply as „sanctions”) imposed by national competent authorities (NCAs) under the Insurance Distribution Directive (IDD) during 2022. This is EIOPA’s fourth annual report on sanctions imposed by NCAs following the application of the IDD in 2018.

As in its previous reports, EIOPA would like to highlight that the imposition of sanctions is just one element of the toolbox available to NCAs after carrying out supervisory activities. Sanctions are an essential tool to dissuade misconduct, but, given that they are generally targeted at individual companies or individuals, other informal measures can also be an efficient and effective means to address broader market failures. In addition, there are significant...