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EIOPA simplification update gives boards a measurable test
In September 2026, EIOPA published a follow-up note on its efforts to simplify insurance and occupational-pension regulation and supervision. It described reporting-template reductions associated with revised Solvency II: 26% for quarterly and 30% for annual templates for solo undertakings, with larger reductions cited for small and non-complex undertakings. EIOPA also said it had reviewed 25 sets of guidelines and shortened them by around a third. These are EIOPA’s account
Drake Plastics ruling separates listed transactions from transactions of interest
On 15 April 2026, the US District Court for the Southern District of Texas issued its opinion in Drake Plastics v IRS. It upheld the micro-captive transactions-of-interest regulation, 26 CFR 1.6011-11, but declared the listed-transaction regulation, 26 CFR 1.6011-10, unlawful and vacated it. The court stayed that vacatur until 1 May 2026. The court found the administrative record insufficient to support the listed-transaction designation under the applicable standard. Its
Vermont captive law clarifies reporting and protected-cell signatures
Vermont’s Act 77, signed on 24 March 2026, amends the state’s captive-insurance legislation with an effective date of 1 July 2026. The changes address financial reporting, risk retention groups and the signing of reports for protected cells. Employers with Vermont structures should examine the provisions applicable to their particular legal entity. Match the requirement to the structure The legislation specifies reporting requirements for risk retention groups, including annual and
New Regulatory Changes to Swedish Anti-Discrimination Act
Sweden has made a number of changes to their Anti-Discrimination Act as of January 1, 2017. These include extending the scope of an act requiring all employers to take active measures to bring about equal rights and opportunities in the workplace regardless of gender, ethnicity and religion to include transgender identity or expression, disability, sexual orientation, and age. Other developments include a requirement for comprehensive documentation of all employers’
U.K. government publishes revised gender pay gap regulations
The government of the United Kingdom in December 2016 published a revised version of the gender pay gap regulations that come into force in April, 2017. These regulations require private sector employers within the U.K. with at least 250 employees to publish certain information about the differences in pay between men and women. It is anticipated that 34 percent of the total U.K. workforce (7,960 employers and around 11
