This provision mandates that the Pensions Authority must report to EIOPA regarding specific prudential elements related to pension schemes and trust RACs, as delineated in this legal framework. The focus is explicitly on aspects not governed by social and labour law, ensuring compliance with the stipulations set forth in the 2016 Directive.

Reports should be submitted at least biannually, although the Pensions Authority retains the discretion to conduct additional assessments as deemed necessary. This flexibility allows for a proactive approach to regulatory compliance, reflecting the Authority's commitment to effective oversight and governance in the pensions sector.