On Thursday 24 November, the European Parliament enshrined the inter-institutional agreement on the revision of the 'occupational pensions funds' directive (IORP II) (see EUROPE 11584).
During the plenary session debate the day before, Brian Hayes (EPP, Ireland), Parliament's rapporteur on this dossier, said that the agreement brought "more protection, more transparency and more security to the way that occupational funds are managed across Europe". He feels that the revised directive...