Pensions

This Overview is a guide to the content within the Pensions (EU Law) subtopic with links to the appropriate materials. This subtopic examines EU level rules relating to pensions and includes guidance on cross-border pension schemes before IP completion day, UK EMIR, derivatives and pensions, Equalisation and Barber—the pensions implications, the Pan-European Pensions Product, the IORP II Directive and pensions, and the Test-Achats case—the pension implications.

Cross-border pension schemes before IP completion day

Practice Note: Cross-border pension schemes before IP completion day considers cross-border pension schemes (also known as ‘pan-European pension schemes’) as they operated in the UK before IP completion day, including the reasons for wanting to establish such a scheme, the requirements that such schemes had to satisfy pre-IP completion day, how cross-border legislation applied to cross-border transfers

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Commission launches consultation to revise the EU Cybersecurity Act and strengthen the EU cybersecurity framework

The European Commission launched a call for evidence to support the preparation of a legislative proposal to revise the EU Cybersecurity Act. The initiative aims to strengthen EU cyber resilience, update the mandate of the EU Agency for Cybersecurity (ENISA) and improve the effectiveness of the European Cybersecurity Certification Framework. The Commission noted that the cybersecurity landscape has become significantly more complex and threat‑intensive since the Act’s adoption in 2019, while subsequent EU legislation has expanded ENISA’s tasks beyond its original mandate, creating the need to streamline, simplify and supplement the existing framework to ensure coherence, reduce administrative burdens and improve implementation for businesses and users. The initiative focuses on measures to support a secure and resilient Information and Communication Technology supply chain and the EU cybersecurity industrial base, addresses shortcomings in the certification framework such as slow adoption, unclear roles, limited agility and insufficient clarity on covered risks, including non‑technical factors, and considers alignment with newer instruments such as the Cyber Resilience Act. The Commission outlined policy options ranging from non‑legislative measures to targeted or comprehensive regulatory revision, stating that EU‑level action is required to prevent internal market fragmentation and to secure long‑term economic and social benefits through greater harmonisation, stronger cybersecurity and resilience, more efficient incident response and enhanced protection of fundamental rights, including personal data. The call for evidence will run until 20 June 2025.

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