Amendment to regulations and guidelines 9/2014 on the introduction of the LEI code
The Financial Supervisory Authority has amended regulations and guidelines 9/2014 which implement nationally the Guidelines of the European Insurance and Occupational Pensions Authority (EIOPA) on the use of the Legal Entity Identifier (LEI) and the Recommendation of the European Banking Authority (EBA) on the use of LEI.
The section of the FIN-FSA regulations and guidelines applicable to the insurance sector is updated since EIOPA has issued revised Guidelines on the use of LEI (EIOPA BoS-2021/456). The revised EIOPA Guidelines clarify the scope of application and extend it to agents with cross-border activities within European Economic Area. The revised EIOPA Guidelines repeal and replace previous EIOPA Guidelines on the subject (EIOPA-BoS-14–026).
Other technical amendments made to the FIN-FSA regulations and guidelines are presented in chapter 3 “Revision history” of the FIN-FSA regulations and guidelines.
The revised FIN-FSA regulations and guidelines will enter into force on 1 July 2022.
For further information, please contact
Kirsti Svinhufvud, Financial Analyst, kirsti.svinhufvud(at)fiva.fi