Directive 2003/41/EC

E563378

Directive 2003/41/EC was the original EU framework setting prudential and supervision rules for institutions for occupational retirement provision (IORPs) before being updated and replaced by the IORP II Directive.

All labels observed (2)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf EU legislative act
European Union directive
abbreviation IORP Directive
linked to: IORP I Directive
adoptedBy Council of the European Union
European Parliament
aimsTo ensure a high level of protection for members and beneficiaries of occupational pension schemes
facilitate the cross-border management of occupational pension schemes
promote the internal market for occupational retirement provision
appliesTo institutions for occupational retirement provision (IORPs)
dateOfAdoption 2003-06-03
dateOfPublication 2003-09-23
establishes conditions for cross-border activities of IORPs
prudential rules for IORPs
rules on information to members and beneficiaries of IORPs
rules on investment by IORPs
excludes institutions covered by Directive 2002/83/EC on life assurance
social security schemes covered by Regulation (EEC) No 1408/71
field EU pensions regulation
fullName Directive 2003/41/EC of the European Parliament and of the Council of 3 June 2003 on the activities and supervision of institutions for occupational retirement provision
geographicalScope European Union Member States
introduces home-country control principle for IORPs
mutual recognition of IORP authorization between Member States
language all official languages of the European Union
legalBasis Article 95 of the EC Treaty
legalNature minimum harmonisation directive
OJReference OJ L 235, 23.9.2003, p. 10–21
policyArea financial services
internal market
pensions
publishedIn Official Journal of the European Union L 235
regulates activities of institutions for occupational retirement provision
prudential requirements for occupational pension funds
supervision of institutions for occupational retirement provision
repealedBy Directive (EU) 2016/2341
replacedBy Directive (EU) 2016/2341
requires adequate technical provisions for occupational pension liabilities
authorization of IORPs by competent national authorities
information disclosure to scheme members and beneficiaries
prudential supervision of IORPs by home Member State authorities
safeguarding of assets held by IORPs
requiresTranspositionBy EU Member States
scope occupational retirement provision in the European Union
shortName First IORP Directive
linked to: IORP I Directive

IORP Directive
linked to: IORP I Directive
status repealed
subject institutions for occupational retirement provision
successor Directive (EU) 2016/2341 on the activities and supervision of institutions for occupational retirement provision (IORP II)
transpositionDeadline 2005-09-23

How these facts were elicited

Referenced by (6)

Full triples — surface form annotated when it differs from this entity's canonical label.

IORP II Directive replacedAct Directive 2003/41/EC
Directive (EU) 2016/2341 replaces Directive 2003/41/EC
Directive (EU) 2016/2341 legalPredecessor Directive 2003/41/EC
IORP I Directive fullName Directive 2003/41/EC of the European Parliament and of the Council of 3 June 2003 on the activities and supervision of institutions for occupational retirement provision
linked to: Directive 2003/41/EC
IORP I Directive shortName Directive 2003/41/EC
Directive 2003/41/EC fullName Directive 2003/41/EC of the European Parliament and of the Council of 3 June 2003 on the activities and supervision of institutions for occupational retirement provision
linked to: Directive 2003/41/EC