ESG Snapshot: Overview of the EU Directive on the activities and supervision of institutions for occupational retirement provision (IORP II)
By EsqSocial Corporation 20/10/20
What is IORP II? Directive (EU) 2016/2341 on the activities and supervision of institutions for occupational retirement provision, widely referred to as IORP II, sets out minimum harmonization rules for financial institutions which manage collective retirement schemes for employers in order to provide retirement benefits to their employees (the scheme members and beneficiaries). Such schemes are private pension plans linked to an employment relationship (second pillar) and supplementary to (i)...
By: Dechert LLP