RegAlertRule · CBI · 28 Nov 2025 · Reglugerð 1251/2025
Regulation amending the Regulation on the entry into force of EU regulations on insurance activities and insurance groups, No. 55/2022
Article 1 adds point (f) to the first paragraph of Article 1 of Regulation No. 55/2022, incorporating Commission Delegated Regulation (EU) 2018/1221 on calculating regulatory capital requirements for securitisations and simple, transparent and standardised securitisations held by insurance and reinsurance undertakings. A new paragraph records that this regulation was incorporated into the EEA Agreement by EEA Joint Committee Decision No. 145/2024 of 12 June 2024. The Regulation enters into force immediately.
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No. 1251/2025 13 November 2025
REGULATION
amending the Regulation on the entry into force of European Union regulations on insurance activities and insurance groups, No. 55/2022.
Article 1
The following amendments shall be made to Article 1 of the Regulation:
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Point 1 of the first paragraph is amended by adding a new letter, point (f), as follows: Commission Delegated Regulation (EU) 2018/1221 of 1 June 2018 amending Delegated Regulation (EU) 2015/35 as regards the calculation of regulatory capital requirements for securitisations and simple, transparent and standardised securitisations held by insurance and reinsurance undertakings, published at pp. 261–266 in the EEA Supplement to the Official Journal of the European Union No. 83 of 14 November 2024.
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A new paragraph is added as follows: The Regulation referred to in point (f) of Point 1 of the first paragraph was incorporated into the EEA Agreement by Decision of the EEA Joint Committee No. 145/2024 of 12 June 2024, which is published in the EEA Supplement to the Official Journal of the European Union No. 72 of 3 October 2024, pp. 45-49.
Article 2
This Regulation, issued pursuant to the authorisation in the first paragraph of Articles 103 and 114 of the Act on Insurance Activities, No. 100/2016, shall enter into force immediately.
Ministry of Finance and Economic Affairs, 13 November 2025.
On behalf of the Minister.
Gunnlaugur Helgason.
Sigríður Rafnar Pétursdóttir.
Section B — Publication date: 28 November 2025
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The links and the sentences they come from (2)
- Amends
- Regulation No. 55 of 2022Not in RegAlert
“REGULATION amending the Regulation on the entry into force of European Union regulations on insurance activities and insurance groups, No. 55/2022.”
- Issued under
- Act No. 100 of 2016Not in RegAlert
“This Regulation, issued pursuant to the authorisation in the first paragraph of Articles 103 and 114 of the Act on Insurance Activities, No. 100/2016”
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