Examples of using Iorps in English and their translations into Polish
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Colloquial
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Official
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Medicine
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Ecclesiastic
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Ecclesiastic
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Financial
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Official/political
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Programming
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Computer
use them as the only parameter when assessing the risks related to investments made by IORPS, UCITS and Alternative Investment Funds AIFs.
Removing remaining prudential barriers for cross-border IORPs;
crafted as minimum standards and tailored to IORPs' specificities.
different quantitative investment limits; more stringent rules for the funding obligation for cross-border IORPs.
procedures is likely to benefit small IORPs even more than large IORPs because they have less financial capacity to absorb transaction costs.
provision of services by IORPs.
First, IORPs have the possibility to circumvent prudential standards by chain outsourcing,
It is very common for IORPs to have representatives of both the sponsoring undertaking
The Commission also believes that a robust regulatory framework for IORPs can foster their development in countries where at present they barely exist.
since freeing IORPs from costs achieves virtually nothing at all in the first year of decade-long liabilities.
which shifts risks from IORPs and employers to individuals, has increased significantly.
For small IORPs, the proposal maintains the possibility for Member States to exclude institutions managing schemes which together have less than 100 members in total.
Option 1- No policy change: IORPs are not required to appoint a depository;
Article 63 introduces the supervisory review process which aims to identify IORPs with financial, organisational
EIOPA recommended that- taking into account the principle of proportionality- the governance framework set out in the Solvency II Directive should apply to IORPs.
Cross-border IORPs are likely to bring additional efficiency gains,
Second, IORPs may not take a systematic approach to their own risk assessment
as well as the costs for IORPs, sponsors and supervisors.
Articles 35 to 37 set out that IORPs need to appoint a single depositary for safe-keeping of assets
It will also reinforce IORPs' role as institutional investors in the EU's real economy