Updated 05/02/2025
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EIOPAR ToolEuropean Insurance and Occupational Pensions Authority Regulation (EIOPAR)
Article 4

Article 4 - Regulation 1094/2010 (EIOPA Regulation)

Attention! This article will be amended on 30/01/2027. Please consult Directive 2025/1 to review the changes that will be made to the article.

Article 4

Definitions

For the purposes of this Regulation the following definitions apply:

(1)

‘financial institutions’ means undertakings, entities and natural and legal persons subject to any of the legislative acts referred to in Article 1(2). With regard to Directive 2005/60/EC, ‘financial institutions’ means only insurance undertakings and insurance intermediaries as defined in that Directive;

(2)

‘competent authorities’ means:

(i)

supervisory authorities as defined in Directive 2009/138/EC, and competent authorities as defined in Directive 2003/41/EC and 2002/92/EC;

(ii)

with regard to Directives 2002/65/EC and 2005/60/EC, the authorities competent for ensuring compliance with the requirements of those Directives by financial institutions as defined in point (1).