IORP II Directive

E131062

The IORP II Directive is a European Union legislative framework that sets prudential, governance, and disclosure rules for occupational pension funds across EU member states.

All labels observed (2)

Label Occurrences
IORP II 1
IORP II Directive canonical 1

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf EU legislative act
European Union directive
adoptedBy Council of the European Union
European Parliament
aimsTo enhance transparency for pension scheme members
facilitate cross‑border activities of IORPs
improve governance of occupational pension funds
protect members and beneficiaries of occupational pension schemes
strengthen risk management in IORPs
appliesTo institutions for occupational retirement provision
containsRulesOn cross‑border activities of IORPs
cross‑border transfers of pension schemes
fit and proper requirements for IORP management
information to prospective and current members
outsourcing by IORPs
remuneration policies of IORPs
risk evaluation for pensions
encourages consideration of environmental, social and governance factors in investment
enteredIntoForce 2017
fullName Directive (EU) 2016/2341
geographicalScope EU member states
jurisdiction European Union
language all official languages of the European Union
legalBasis Treaty on the Functioning of the European Union
monitoredBy national competent authorities
policyArea financial services
pensions
social policy
publisher Official Journal of the European Union
regulates occupational pension funds in the European Union
relatedTo European Commission Directorate‑General for Financial Stability, Financial Services and Capital Markets Union
surface form: Capital Markets Union initiative

Solvency II Directive
replacedAct Directive 2003/41/EC
replaces IORP I Directive
requires annual benefit statements to members
disclosure of investment policy principles
key function holders for risk management, internal audit and actuarial function
pre‑enrolment information to members
regular risk assessment for pensions (ORSA‑like process)
written policies for risk management, internal audit and actuarial matters
sector occupational pensions
setsRulesFor disclosure to members and beneficiaries
governance of IORPs
prudential requirements for IORPs
shortName IORP II Directive self-linksurface differs
surface form: IORP II
subjectMatter occupational retirement provision
targetGroup employers sponsoring occupational pension schemes
members and beneficiaries of occupational pension schemes
transpositionDeadline 13 January 2019

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

IORP II Directive shortName IORP II Directive self-linksurface differs
this entity surface form: IORP II