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  4. S.I. No. 70/2012 - Occupational Pension Schemes (Disclosure of Information) (Amendment) (No. 2) Regulations 2012.

S.I. No. 70/2012 - Occupational Pension Schemes (Disclosure of Information) (Amendment) (No. 2) Regulations 2012.

Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of 9th March, 2012.

I, JOAN BURTON T.D., Minister for Social Protection, in exercise of the powers conferred on me by section 5(2A) (as amended by section 44 of the Social Welfare Law Reform and Pensions Act 2006 (No. 5 of 2006)) of the Pensions Act 1990 (No. 25 of 1990) and for the purpose of giving full effect to Article 4(1)(a) and Article 4(3) of Directive 2010/78/EU of the European Parliament and of the Council of 24 November 20101 amending Directive 2003/41/EC of the European Parliament and of the Council of 3 June 20032 on the activities and supervision of institutions for occupational retirement provisions hereby make the following Regulations:

Citation

1. (1) These Regulations may be cited as the Occupational Pension Schemes (Disclosure of Information) (Amendment) (No. 2) Regulations 2012.

(2) These Regulations shall be included in the collective citation of the Occupational Pension Schemes (Disclosure of Information) Regulations 2006 to 2012.

Amendment of Occupational Pension Schemes Disclosure Regulations

2. The Occupational Pension Schemes (Disclosure of Information) Regulations 2006 (S.I. 301 of 2006) are amended by inserting the following after article 21—

“Disclosure of Information to EIOPA

22. The Board may disclose information to the European Insurance and Occupational Pensions Authority established by Regulation (EU) No. 1094/2010 of the European Parliament and of the Council3 for the purpose of enabling or assisting the performance by the Board or the State of its obligations under the Directive 2010/78/EU1.”.

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GIVEN under my Official Seal,

8 March 2012.

JOAN BURTON,

Minister for Social Protection.

EXPLANATORY NOTE

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

These Regulations enable the Pensions Board disclose information to the European Supervisory Authority, (European Insurance and Occupational Pensions Authority (EIOPA)) established by Regulation (EU) No. 1094/2010 of the European Parliament and of the Council and as required by Directive 2010/78/EU of the European Parliament and of the Council.

1 OJ No. L 331, 15.12.2010, p.120.

2 OJ No. L 235, 23.9.2003, p.10.

3 OJ No, L 331, 15.12.2010, p.48.