Directive 2003/41/EC
E563378
Directive 2003/41/EC was the original EU framework setting prudential and supervision rules for institutions for occupational retirement provision (IORPs) before being updated and replaced by the IORP II Directive.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
EU legislative act
ⓘ
European Union directive ⓘ |
| abbreviation | IORP Directive NERFINISHED ⓘ |
| adoptedBy |
Council of the European Union
NERFINISHED
ⓘ
European Parliament NERFINISHED ⓘ |
| aimsTo |
ensure a high level of protection for members and beneficiaries of occupational pension schemes
ⓘ
facilitate the cross-border management of occupational pension schemes ⓘ promote the internal market for occupational retirement provision ⓘ |
| appliesTo | institutions for occupational retirement provision (IORPs) ⓘ |
| dateOfAdoption | 2003-06-03 ⓘ |
| dateOfPublication | 2003-09-23 ⓘ |
| establishes |
conditions for cross-border activities of IORPs
ⓘ
prudential rules for IORPs ⓘ rules on information to members and beneficiaries of IORPs ⓘ rules on investment by IORPs ⓘ |
| excludes |
institutions covered by Directive 2002/83/EC on life assurance
ⓘ
social security schemes covered by Regulation (EEC) No 1408/71 ⓘ |
| field | EU pensions regulation ⓘ |
| fullName | Directive 2003/41/EC of the European Parliament and of the Council of 3 June 2003 on the activities and supervision of institutions for occupational retirement provision NERFINISHED ⓘ |
| geographicalScope | European Union Member States NERFINISHED ⓘ |
| introduces |
home-country control principle for IORPs
ⓘ
mutual recognition of IORP authorization between Member States ⓘ |
| language | all official languages of the European Union ⓘ |
| legalBasis | Article 95 of the EC Treaty ⓘ |
| legalNature | minimum harmonisation directive ⓘ |
| OJReference | OJ L 235, 23.9.2003, p. 10–21 ⓘ |
| policyArea |
financial services
ⓘ
internal market ⓘ pensions ⓘ |
| publishedIn | Official Journal of the European Union L 235 NERFINISHED ⓘ |
| regulates |
activities of institutions for occupational retirement provision
ⓘ
prudential requirements for occupational pension funds ⓘ supervision of institutions for occupational retirement provision ⓘ |
| repealedBy | Directive (EU) 2016/2341 NERFINISHED ⓘ |
| replacedBy | Directive (EU) 2016/2341 NERFINISHED ⓘ |
| requires |
adequate technical provisions for occupational pension liabilities
ⓘ
authorization of IORPs by competent national authorities ⓘ information disclosure to scheme members and beneficiaries ⓘ prudential supervision of IORPs by home Member State authorities ⓘ safeguarding of assets held by IORPs ⓘ |
| requiresTranspositionBy | EU Member States NERFINISHED ⓘ |
| scope | occupational retirement provision in the European Union ⓘ |
| shortName |
First IORP Directive
NERFINISHED
ⓘ
IORP Directive NERFINISHED ⓘ |
| status | repealed ⓘ |
| subject | institutions for occupational retirement provision ⓘ |
| successor | Directive (EU) 2016/2341 on the activities and supervision of institutions for occupational retirement provision (IORP II) NERFINISHED ⓘ |
| transpositionDeadline | 2005-09-23 ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.