05/12/2022 (Agence Europe) – On Monday 5 December, the European Insurance and Occupational Pensions Authority (EIOPA) published a discussion paper on the prudential treatment of sustainability risks. It seeks feedback from stakeholders on the approaches presented and invites them to respond to the questions in the online survey. As sustainability risks can have a significant impact on the investment and underwriting activities of insurance undertakings, EIOPA considers it important to ensure that the Solvency II Directive, which provides a framework for prudential requirements for insurance undertakings, reflects sustainability risks in an appropriate manner. The document sets out the scope, methodologies and data sources for this evaluation exercise. The discussion paper is open for comment until Sunday 5 March 2023. For more information: https://aeur.eu/f/4h6 (AD)