Implementing new EU Pensions Directive in Cyprus


The new EU Pensions Directive (2341/2016/EC) on the activities and supervision of institutions for occupational retirement provisions (IORP II) came into force in January 2017. EU member states must enact the regulations and administrative provisions required to comply with the directive by January 13 2019 – when the existing EU Pensions Directive (41/2003/EC) (IORP I) will be repealed.

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