Article 7
EIOPA shall also consider the following factors that apply to the specific situation and circumstances of the PEPP provider or PEPP distributor, taking into account the following:
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(a) |
its financial situation and solvency; |
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(b) |
its financial activities or financial practices; |
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(c) |
its business model, including its sustainability and transparency; |
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(d) |
the suitability of reinsurance and guarantee arrangements regarding the PEPP; |
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(e) |
the PEPP provider’s reliance on third parties for important features of the PEPP, such as coverage of biometric risks, guarantees and the portability of the PEPP; |
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(f) |
the selling practices associated with the PEPP, taking into account:
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