This report reviews regulatory updates in December for life insurance companies in Europe. We note items published by the European Supervisor Authorities (ESAs), European Insurance and Occupational Pensions Authority (EIOPA), Financial Conduct Authority (FCA), and Prudential Regulation Authority (PRA). Details include: 

• FCA publishes consultation on the new Overseas Funds Regime
• The PRA issues consultation papers on operational resilience and its approach to policy
• The PRA issues a statement on the review of Solvency II
• EIOPA publishes its December 2023 Financial Stability Report and launches consultation on its draft opinion on sustainability claims and greenwashing 
• Reports and statements published by the ESAs