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QUICK LINK: SOLVENCY II DIRECTIVE AS PUBLISHED IN OFFICIAL JOURNAL

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Compliance Ireland is now offering training on Solvency II. Click here for full details and and next dates for this half-day course.

By attending this course participants will gain an understanding of:

Timetable for introduction and Financial Regulator adoption requirements
Role of CEIOPS/Establishment of EIOPA
Role of the group supervisor
Use and approval of internal models
Pillar 1 – Quantitative Pillar
- Valuation of Technical Provisions
- Minimum Capital Requirement
- Solvency Capital Requirement
Pillar 2 – Qualitative Pillar
- Own Risk and Solvency Assessment
- Supervisory Review Process
Pillar 3 – Disclosure Pillar
- Annual report on solvency and financial condition.
Corporate Governance requirements
- Risk Management function
- Internal Control/Compliance function
- Internal Audit function
- Actuarial function
Previous experience when applied to investment firms

Click here for full details and booking.

About this site and service

WWW.SOLVENCYII.IE is a free website resource dedicated to the area of Solvency II and its application in Ireland.

This website is supported by Compliance Ireland, Ireland's independent regulatory consulting firm specialising in Solvency II, other financial services regulation and insurance regulation. Compliance Ireland is recognised as a leading regulatory consulting and training firm.

Compliance Ireland specialises in working with firms requiring:

non-executive directors to satisfy corporate governance and regulatory requirements,
authorisations (i.e. getting you a licence to do business),
operational assistance,
preparing operational and compliance procedures and manuals,
on-going compliance and risk services,
advice on compliance with capital requirements,
advice on compliance with Financial Regulator Requirements and Guidance,
advice on ORSA completion,
remedial action,
assistance with inspections conducted by the Financial Regulator,
assistance with enforcement actions by the Financial Regulator and other insurance regulators, and
assistance with litigation brought by other firms and/or customers.

Read more about Compliance Ireland's compliance and regulatory services at http://www.complianceireland.com/Consulting.html.

In addition, where a specific legal opinion or advice is required, we can assist clients obtain legal advice and documentation from a number of leading Irish and international firms. The advantage to our clients is that as we know their operational procedures and platforms, we can ensure that proper and correct instructions are provided to law firms so that the most appropriate and correct advice is received. The advantage to our clients is that they save considerable costs in explaining their business models to lawyers who, although highly qualified, may not necessarily have our operational expertise. We can offer this assistance as one of the directors of Compliance Ireland (Peter Oakes) worked a solicitor in Ireland, the UK and Australia and is therefore familiar with the workings of the legal profession. Furthermore, another director (Kevin O’Doherty) is a Chartered Accountant and served as the managing director of a substantial IFSC financial services business and is conversant with dealing with lawyers in obtaining legal advice and opinions.

This website www.solvencyii.ie is complemented by other specialist Irish regulatory websites, www.mifid.ie, www.antimoneylaundering.ie and www.privacy.ie.

The information provided in this website is intended as helpful guidance only and no responsibility is accepted by the owner of this website (nor anyone else who in good faith furnishes information for the benefit of our readers) for any error or omission in the content of anything appearing on this website. If you would like to contribute an article on Solvency II for appearance on this website without charge (and acknowledging your copyright) please send an email to email@solvencyii.ie and we'll respond asap. At the end of the day we want this website to be a one stop portal for all Solvency II matters in Ireland.

If you would like to subscribe to a free news service covering Solvency II and other regulatory compliance issues go to http://www.complianceireland.com/Subscribe.html or send an email to news@complianceireland.com with the word Subscribe in the subject field. If you have previously subscribed to Compliance Ireland's news service you will automatically receive Solvency II news (so you don't need to subscribe again).