IORP I Directive

E554133

The IORP I Directive was the European Union’s original legislative framework setting minimum standards for the operation and supervision of occupational pension funds across member states.

All labels observed (4)

Label Occurrences
IORP Directive 2
First IORP Directive 1
IORP I 1

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf EU pensions legislation ⓘ
European Union directive ⓘ
adoptedBy Council of the European Union ⓘ
European Parliament ⓘ
adoptionDate 2003-06-03 ⓘ
aimsTo ensure a high level of protection for scheme members and beneficiaries ⓘ
facilitate the cross-border management of occupational pension schemes ⓘ
promote the internal market for occupational retirement provision ⓘ
allows cross-border activities of institutions for occupational retirement provision ⓘ
appliesIn European Union member states ⓘ
defines institution for occupational retirement provision ⓘ
doesNotCover individual pension products outside occupational schemes ⓘ
state social security schemes ⓘ
enteredIntoForce 2003-09-23 ⓘ
focusesOn second pillar pensions ⓘ
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 Economic Area for EEA-relevant parts ⓘ
harmonises basic prudential rules for occupational pension funds in the EU ⓘ
imposesOn member states the obligation to transpose its provisions into national law ⓘ
language multilingual EU legislation text ⓘ
leavesToMemberStates detailed rules on investment and funding of occupational pension schemes ⓘ
legalBasis Article 47(2) of the EC Treaty ⓘ
Article 55 of the EC Treaty ⓘ
OJReference OJ L 235, 23.9.2003, p. 10–21 ⓘ
policyArea financial services ⓘ
internal market ⓘ
social policy ⓘ
publishedIn Official Journal of the European Union ⓘ
recastBy Directive (EU) 2016/2341 ⓘ
IORP II Directive ⓘ
regulates institutions for occupational retirement provision ⓘ
occupational pension funds ⓘ
relatedTo EU financial services action plan ⓘ
prudential regulation of long-term savings ⓘ
repealedBy Directive (EU) 2016/2341 ⓘ
requires adequate technical provisions for pension liabilities ⓘ
information disclosure to members and beneficiaries ⓘ
prudential supervision of institutions for occupational retirement provision ⓘ
sound governance of occupational pension institutions ⓘ
sufficient funding of pension schemes ⓘ
sector pensions ⓘ
sets minimum standards for operation of occupational pension funds ⓘ
minimum standards for supervision of occupational pension funds ⓘ
shortName Directive 2003/41/EC ⓘ
IORP I ⓘ
linked to: IORP I Directive
status repealed and replaced by IORP II Directive ⓘ
subjectOf occupational retirement provision ⓘ
transpositionDeadline 2005-09-23 ⓘ

How these facts were elicited

Referenced by (5)

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

IORP II Directive → replaces → IORP I Directive ⓘ
IORP I Directive → shortName → IORP I ⓘ
linked to: IORP I Directive
Directive 2003/41/EC → shortName → IORP Directive ⓘ
linked to: IORP I Directive
Directive 2003/41/EC → shortName → First IORP Directive ⓘ
linked to: IORP I Directive
Directive 2003/41/EC → abbreviation → IORP Directive ⓘ
linked to: IORP I Directive