•  The directive on investments in tied assets and the use of financial derivatives ("investment directives") was put into force on 1 September 2006. The draft of the first revision is now available. Along with restructuring and formal amendments to the directive, changes were made which arose from a practical point of view and due to developments in the financial markets.
• The directive on technical provisions in life insurance regulates the formation and dissolution of technical reserves in life insurance. It renders more specific and thereby clarifies the rules in the Insurance Supervision Act and the Supervision Ordinance in existence since 1 January 2006. There are no requirements concerning calculation models, parameters and security levels. At the core is more the principle that the provisions must be sufficient. The technical provisions must be adapted systematically and if required on an annual basis.
• The directive on technical provisions in non-life insurance regulates the formation and dissolution of technical reserves in non-life insurance. It stipulates the types of provisions mentioned in the Supervision Ordinance and establishes the assessment basis. In addition these directives also document that an insurance undertaking must have the required organisational and operational structure to meet the quality requirements in the area of provisions. Special features of health insurance in accordance with the Insurance Contract Act will be regulated in a separate directive.

All comments pertaining to the draft directives must be submitted to FOPI by 31 October 2008.