+DIRECTIVE (EU) 2016/2341 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 14 December 2016 on the activities and supervision of institutions for occupational retirement provision (IORPs) (recast) (Text with EEA relevance)
---+TITLE I GENERAL PROVISIONS
------+Article 1 Subject matter
------+Article 2 Scope
---------+Article 2 1.
---------+Article 2 2.
------+Article 3 Application to IORPs operating social security schemes
------+Article 4 Optional application to institutions covered by Directive 2009/138/EC
------+Article 5 Small IORPs and statutory schemes
------+Article 6 Definitions
------+Article 7 Activities of an IORP
------+Article 8 Legal separation between sponsoring undertakings and IORPs
------+Article 9 Registration or authorisation
---------+Article 9 1.
---------+Article 9 2.
---------+Article 9 3.
------+Article 10 Operating requirements
---------+Article 10 1.
---------+Article 10 2.
------+Article 11 Cross-border activities and procedures
---------+Article 11 1.
---------+Article 11 2.
---------+Article 11 3.
---------+Article 11 4.
---------+Article 11 5.
---------+Article 11 6.
---------+Article 11 7.
---------+Article 11 8.
---------+Article 11 9.
---------+Article 11 10.
---------+Article 11 11.
------+Article 12 Cross-border transfers
---------+Article 12 1.
---------+Article 12 2.
---------+Article 12 3.
---------+Article 12 4.
---------+Article 12 5.
---------+Article 12 6.
---------+Article 12 7.
---------+Article 12 8.
---------+Article 12 9.
---------+Article 12 10.
---------+Article 12 11.
---------+Article 12 12.
---------+Article 12 13.
---------+Article 12 14.
---+TITLE II QUANTITATIVE REQUIREMENTS
------+Article 13 Technical provisions
---------+Article 13 1.
---------+Article 13 2.
---------+Article 13 3.
---------+Article 13 4.
---------+Article 13 5.
------+Article 14 Funding of technical provisions
---------+Article 14 1.
---------+Article 14 2.
---------+Article 14 3.
------+Article 15 Regulatory own funds
---------+Article 15 1.
---------+Article 15 2.
---------+Article 15 3.
------+Article 16 Available solvency margin
---------+Article 16 1.
---------+Article 16 2.
---------+Article 16 3.
---------+Article 16 4.
------+Article 17 Required solvency margin
---------+Article 17 1.
---------+Article 17 2.
---------+Article 17 3.
---------+Article 17 4.
---------+Article 17 5.
---------+Article 17 6.
------+Article 18 Required solvency margin for the purpose of Article 17(3)
---------+Article 18 1.
---------+Article 18 2.
---------+Article 18 3.
---------+Article 18 4.
---------+Article 18 5.
------+Article 19 Investment rules
---------+Article 19 1.
---------+Article 19 2.
---------+Article 19 3.
---------+Article 19 4.
---------+Article 19 5.
---------+Article 19 6.
---------+Article 19 7.
---------+Article 19 8.
---+TITLE III CONDITIONS GOVERNING ACTIVITIES
------+CHAPTER 1 System of governance
---------+Section 1 General provisions
------------+Article 20 Responsibility of the management or supervisory body
---------------+Article 20 1.
---------------+Article 20 2.
------------+Article 21 General governance requirements
---------------+Article 21 1.
---------------+Article 21 2.
---------------+Article 21 3.
---------------+Article 21 4.
---------------+Article 21 5.
---------------+Article 21 6.
------------+Article 22 Requirements for fit and proper management
---------------+Article 22 1.
---------------+Article 22 2.
---------------+Article 22 3.
---------------+Article 22 4.
---------------+Article 22 5.
---------------+Article 22 6.
---------------+Article 22 7.
------------+Article 23 Remuneration policy
---------------+Article 23 1.
---------------+Article 23 2.
---------------+Article 23 3.
---------+Section 2 Key functions
------------+Article 24 General provisions
---------------+Article 24 1.
---------------+Article 24 2.
---------------+Article 24 3.
---------------+Article 24 4.
---------------+Article 24 5.
---------------+Article 24 6.
------------+Article 25 Risk-management
---------------+Article 25 1.
---------------+Article 25 2.
---------------+Article 25 3.
------------+Article 26 Internal audit function
------------+Article 27 Actuarial function
---------------+Article 27 1.
---------------+Article 27 2.
---------+Section 3 Documents concerning governance
------------+Article 28 Own-risk assessment
---------------+Article 28 1.
---------------+Article 28 2.
---------------+Article 28 3.
---------------+Article 28 4.
------------+Article 29 Annual accounts and annual reports
------------+Article 30 Statement of investment policy principles
------+CHAPTER 2 Outsourcing and investment management
---------+Article 31 Outsourcing
------------+Article 31 1.
------------+Article 31 2.
------------+Article 31 3.
------------+Article 31 4.
------------+Article 31 5.
------------+Article 31 6.
------------+Article 31 7.
---------+Article 32 Investment management
------+CHAPTER 3 Depositary
---------+Article 33 Appointment of a depositary
------------+Article 33 1.
------------+Article 33 2.
------------+Article 33 3.
------------+Article 33 4.
------------+Article 33 5.
------------+Article 33 6.
------------+Article 33 7.
------------+Article 33 8.
---------+Article 34 Safekeeping of assets and depositary liability
------------+Article 34 1.
------------+Article 34 2.
------------+Article 34 3.
------------+Article 34 4.
------------+Article 34 5.
---------+Article 35 Oversight duties
------------+Article 35 1.
------------+Article 35 2.
------------+Article 35 3.
---+TITLE IV INFORMATION TO BE GIVEN TO PROSPECTIVE MEMBERS, MEMBERS AND BENEFICIARIES
------+CHAPTER 1 General provisions
---------+Article 36 Principles
------------+Article 36 1.
------------+Article 36 2.
------------+Article 36 3.
---------+Article 37 General information on the pension scheme
------------+Article 37 1.
------------+Article 37 2.
------------+Article 37 3.
------------+Article 37 4.
------+CHAPTER 2 Pension Benefit Statement and supplementary information
---------+Article 38 General provisions
------------+Article 38 1.
------------+Article 38 2.
------------+Article 38 3.
------------+Article 38 4.
------------+Article 38 5.
---------+Article 39 Pension Benefit Statement
------------+Article 39 1.
------------+Article 39 2.
---------+Article 40 Supplementary information
------------+Article 40 1.
------------+Article 40 2.
------+CHAPTER 3 Other information and documents to be provided
---------+Article 41 Information to be given to prospective members
------------+Article 41 1.
------------+Article 41 2.
------------+Article 41 3.
---------+Article 42 Information to be given to members during the pre-retirement phase
---------+Article 43 Information to be given to beneficiaries during the pay-out phase
------------+Article 43 1.
------------+Article 43 2.
------------+Article 43 3.
---------+Article 44 Additional information to be given on request to members and beneficiaries
---+TITLE V PRUDENTIAL SUPERVISION
------+CHAPTER 1 General rules on prudential supervision
---------+Article 45 Main objective of prudential supervision
------------+Article 45 1.
------------+Article 45 2.
---------+Article 46 Scope of prudential supervision
---------+Article 47 General principles of prudential supervision
------------+Article 47 1.
------------+Article 47 2.
------------+Article 47 3.
------------+Article 47 4.
------------+Article 47 5.
---------+Article 48 Powers of intervention and duties of the competent authorities
------------+Article 48 1.
------------+Article 48 2.
------------+Article 48 3.
------------+Article 48 4.
------------+Article 48 5.
------------+Article 48 6.
------------+Article 48 7.
------------+Article 48 8.
------------+Article 48 9.
---------+Article 49 Supervisory review process
------------+Article 49 1.
------------+Article 49 2.
------------+Article 49 3.
------------+Article 49 4.
---------+Article 50 Information to be provided to the competent authorities
---------+Article 51 Transparency and accountability
------------+Article 51 1.
------------+Article 51 2.
------------+Article 51 3.
------+CHAPTER 2 Professional secrecy and exchange of information
---------+Article 52 Professional secrecy
------------+Article 52 1.
------------+Article 52 2.
---------+Article 53 Use of confidential information
---------+Article 54 European Parliament right of inquiry
---------+Article 55 Exchange of information between authorities
------------+Article 55 1.
------------+Article 55 2.
------------+Article 55 3.
---------+Article 56 Transmission of information to central banks, monetary authorities, European Supervisory Authorities and the European Systemic Risk Board
------------+Article 56 1.
------------+Article 56 2.
------------+Article 56 3.
---------+Article 57 Disclosure of information to government administrations responsible for financial legislation
------------+Article 57 1.
------------+Article 57 2.
---------+Article 58 Conditions for the exchange of information
------------+Article 58 1.
------------+Article 58 2.
------------+Article 58 3.
---------+Article 59 National provisions of a prudential nature
------------+Article 59 1.
------------+Article 59 2.
---+TITLE VI FINAL PROVISIONS
------+Article 60 Cooperation between Member States, the Commission and EIOPA
---------+Article 60 1.
---------+Article 60 2.
---------+Article 60 3.
---------+Article 60 4.
------+Article 61 Processing of personal data
------+Article 62 Evaluation and review
---------+Article 62 1.
---------+Article 62 2.
------+Article 63 Amendment of Directive 2009/138/EC
------+Article 63a Accessibility of information on the European single access point
---------+Article 63a 1.
---------+Article 63a 2.
---------+Article 63a 3.
---------+Article 63a 4.
---------+Article 63a 5.
---------+Article 63a 6.
------+Article 64 Transposition
---------+Article 64 1.
---------+Article 64 2.
------+Article 65 Repeal
------+Article 66 Entry into force
------+Article 67 Addressees
---+ANNEX I
---+ANNEX II
 English - European Union - Financial Industry -

DIRECTIVE (EU) 2016/2341 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 14 December 2016 on the activities and supervision of institutions for occupational retirement provision (IORPs) (recast) (Text with EEA relevance)

DIRECTIVE (EU) 2016/2341 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL

of 14 December 2016

on the activities and supervision of institutions for occupational retirement provision (IORPs)

(recast)

(Text with EEA relevance)

1. Overview

,
TITLE I GENERAL PROVISIONS TITLE I GENERAL PROVISIONS
TITLE II QUANTITATIVE REQUIREMENTS TITLE II QUANTITATIVE REQUIREMENTS
TITLE III CONDITIONS GOVERNING ACTIVITIES TITLE III CONDITIONS GOVERNING ACTIVITIES
TITLE IV INFORMATION TO BE GIVEN TO PROSPECTIVE MEMBERS, MEMBERS AND BENEFICIARIES TITLE IV INFORMATION TO BE GIVEN TO PROSPECTIVE MEMBERS, MEMBERS AND BENEFICIARIES
TITLE V PRUDENTIAL SUPERVISION TITLE V PRUDENTIAL SUPERVISION
TITLE VI FINAL PROVISIONS TITLE VI FINAL PROVISIONS
ANNEX I



ANNEX I

PART A

Repealed Directive with list of its successive amendments

(referred to in Article 65)



Directive 2003/41/EC of the European Parliament and of the Council

(OJ L 235, 23.9.2003, p. 10).

 

Directive 2009/138/EC of the European Parliament and of the Council

(OJ L 335, 17.12.2009, p. 1).

Article 303 only

Directive 2010/78/EU of the European Parliament and of the Council

(OJ L 331, 15.12.2010, p. 120).

Article 4 only

Directive 2011/61/EU of the European Parliament and of the Council

(OJ L 174, 1.7.2011, p. 1).

Article 62 only

Directive 2013/14/EU of the European Parliament and of the Council

(OJ L 145, 31.5.2013, p. 1).

Article 1 only

PART B

List of time-limits for transposition into national law and application

(referred to in Article 65)



Directive

Time-limit for transposition

Date of application

2003/41/EC

23.9.2005

23.9.2005

2009/138/EC

31.3.2015

1.1.2016

2010/78/EU

31.12.2011

31.12.2011

2011/61/EU

22.7.2013

22.7.2013

2013/14/EU

21.12.2014

21.12.2014
ANNEX II



ANNEX II

Correlation Table



Directive 2003/41/EC

This Directive

Article 1

Article 1

Article 2

Article 2

Article 3

Article 3

Article 4

Article 4

Article 5

Article 5

Article 6(a)

Article 6(1)

Article 6(b)

Article 6(2)

Article 6(c)

Article 6(3)

Article 6(d)

Article 6(4)

Article 6(e)

Article 6(5)

Article 6(f)

Article 6(6)

Article 6(7)

Article 6(g)

Article 6(8)

Article 6(h)

Article 6(9)

Article 6(i)

Article 6(10)

Article 6(j)

Article 6(11)

Article 6(12) to (19)

Article 7

Article 7

Article 8

Article 8

Article 9(1)(a)

Article 9

Article 9(1)(c)

Article 10(1)(a)

Article 9(1)(e)

Article 10(1)(b)

Article 9(2)

Article 10(2)

Articles 20, 9(5)

Article 11

Article 12

Article 15(1) to (5)

Article 13(1) to (5)

Article 15(6)

 

Article 16

Article 14

Article 17

Article 15

Article 17a(1) to (4)

Article 16(1) to (4)

Article 17a(5)

 

Article 17b

Article 17

Article 17c

 

Article 17d

Article 18

Article 18

Article 19

Article 20

Article 21

Article 9(1)(b)

Article 22(1)

Article 22(2) to (7)

Article 23

Article 24

Article 25

Article 26

Article 27

Article 28

Article 10

Article 29

Article 12

Article 30

Article 9(4)

Article 31(1)

Article 31(2) to (7)

Article 19(1)

Article 32

Article 19(2) second subparagraph

Article 33(1)

Article 33(2)

Article 19(2) first subparagraph

Article 33(3)

Article 19(3)

Article 33(4)

Article 33(5) to (8)

Article 34

Article 35

Article 36

Article 9(1)(f)

Article 37(1)

Article 11(4)(c)

Article 37(2)

Article 11(2)(b)

Article 37(3)

Article 37(4)

Article 38

Article 39

Article 40(1)(a) to (c)

Article 11(4)(b)

Article 40(1)(d)

Article 40(2)

Article 41

Article 42

Article 11(5)

Article 43

Article 11(2)(a)

Article 44(a)

Article 11(3)

Article 44(b)

Article 44(c)

Article 45

Article 46

Article 47

Article 14(1)

Article 48(1)

Article 14(2) first subparagraph

Article 48(2)

Article 48(3) to (5)

Article 14(2) second subparagraph

Article 48(6)

Article 14(3) to (5)

Article 48(7) to (9)

Article 49

Article 13(1)

Article 50

Article 13(2)

 

 

Article 51

Article 52

Article 53

Article 54

Article 55

Article 56

Article 57

Article 58

Article 20(11) first subparagraph

Article 59(1)

Article 20(11) second subparagraph

Article 59(2)

Article 20(11) third and fourth subparagraphs

 

Article 21

Article 60

Article 61

Article 62

Article 63

Article 22

Article 64

Article 65

Article 66

Article 67

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards

Linked Issues

Issuelinks
is related to Imported: EbAV-Richtlinie (IORP II) (EU) 2016/2341 (CELEX:02016L2341-20250117)