3. — Directive (EU) 2016/2341 of the European Parliament and of the Council of 14…

3.

Directive (EU) 2016/2341 of the European Parliament and of the Council of 14 December 2016 on the activities and supervision of institutions for occupational retirement provision (IORPs) (recast) (Text with EEA relevance) · European Union

Outsourcing of key functions or any other activities shall not be undertaken in such a way as to lead to any of the following: impairing the quality of the system of governance of the IORP concerned; unduly increasing the operational risk; impairing the ability of the competent authorities to monitor the compliance of the IORP with its obligations; undermining continuous and satisfactory service to members and beneficiaries.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-27 · Text as adopted (Official Journal); later amendments are not incorporated in this text.