Europes multidimensional regulatory landscape Over 30 European and

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 ENTR Coreper TAXUD ITRE EFC ARC TRADE European Central Bank European Commission UNEP FSC IASB IFRIC EFRAG SANCO COMP MARKT WB Cross-sectoral issues EIOPC Helsinki = central bodies = representation of States Financial stability CEIOPS EIOPC Advisory Group Solvency II 3 L 3 ESC WTO 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 OECD = Organisation for Economic Co-operation and Development IMF = International Monetary Fund 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 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