SI. No. 643 of 2016


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​S.I. No. 643 of 2016

 
European Union (Occupational Pension Schemes Investment) (Amendment) Regulations 2016

 
EXPLANATORY NOTE

 
(This note is not part of the Instrument and does not purport to be a legal interpretation.)

 
These Regulations transpose the obligations imposed by Article 1 of Directive 2013/14/EU (the Credit Ratings Agencies Directive) which amends Article 18 of Directive 2003/41/EC (the IORP Directive). Directive 2013/14/EU requires pension schemes to avoid relying solely or mechanistically on credit ratings when
assessing the risk involved in investments.

 
 
Last modified:04/01/2017