Regulatory Alerts2020-07-22
Implementation of EIOPA Guidelines on Outsourcing to Cloud Service Providers (EIOPA-BoS-20-002)
The Prudential Control and Resolution Authority (ACPR) has declared its compliance with the European Insurance and Occupational Pensions Authority (EIOPA) guidelines on outsourcing to cloud service providers. These guidelines apply to insurance and reinsurance undertakings and participating and parent companies under ACPR supervision, who must take all measures to comply. This declaration fulfills the requirements of Article 16 of Regulation (EU) No 1094/2010 establishing EIOPA.
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