International Organisation of Pensions Supervisors (IOPS)
The International Organisation of Pension Supervisors (IOPS)
The International Organisation of Pension Supervisors was established in 2004 and replaced the International Association of regulators of pensions (INPRS), IOPS is an independent international organisation gathering over 70 members responsible for supervision of private pension arrangements. The Polish Financial Supervision Authority has been an IOPS’s member since the beginning of its existence. IOPS cooperates closely, among others with the World Bank, the International Monetary Fund (IMF), the International Association of Insurance Supervisors (IAIS) and the Organisation for Economic Cooperation and Development (OECD). The main aims of the Organisation are: serving as a standard-setting body on pension supervisory matters, promoting international co-operation, conducting researches and analysis promotion of the distribution and communication of research in this area, the collection of information on this topic in cooperation with other institutions and international organisations.
The Organisation is also responsible for drawing up rules and recommendations concerning the supervision of private pension schemes (IOPS principles of private pension supervision). Enacted in 2006, the rules for the supervision of Private Pension Schemes are available on the IOPS’s website.