EIOPA Consults on Changes to Standards on Reporting and Disclosure
EIOPA published a consultation on corrections and amendments to the implementing technical standards on reporting and disclosure. EIOPA invites the interested stakeholders to provide inputs by May 11, 2018.
The proposed corrections and amendments are intended to improve understanding of the current requirements, ensure consistent application of technical standards, and facilitate reporting and disclosure, in addition to improving the quality of the information reported and disclosed. The consultation package includes:
- Draft amendment to Commission Implementing Regulation (EU) 2015/2450 of December 2015 laying down implementing technical standards on the templates for submission of information to the supervisory authorities
- Draft amendment to Commission Implementing Regulation (EU) 2015/2452 of December 2015 laying down implementing technical standards on the procedures, formats, and templates of the solvency and financial condition report
- Correction to the Guidelines on Financial Stability Reporting in the form of an ERRATA document
- Set of new validations to be included in XBRL taxonomy version 2.3.0, which is expected to be published in July 2018
- Impact assessment and feedback template
The aim of the consultation is to receive input based on the changes stemming from the Delegated Regulation (EU) 2917/1542 on infrastructure corporates, EIOPA Explanatory Notes on Variation Analysis templates, and issues previously identified in the Questions and Answers process. EIOPA will organize a public event on April 12, 2018, to inform stakeholders about the objectives and content of this consultation package and to respond to any open questions.
Related Links
Comment Due Date: May 11, 2018
Keywords: Europe, EU, Insurance, Financial Stability, Reporting, Disclosure, Implementing Technical Standards, EIOPA
Related Articles
|
News
EC Amends Regulation Supplementing Solvency II DirectiveEC published the Delegated Regulation (EU) 2019/981 that amends the Regulation (EU) 2015/35, which supplements Solvency II Directive (2009/138/EC) on the taking-up and pursuit of the business of insurance and reinsurance.
June 18, 2019
WebPage
Regulatory News
|
|
News
IOSCO Report Examines Application of International Cyber StandardsIOSCO published a final report that examines the application of the three internationally recognized cyber standards and frameworks by IOSCO member jurisdictions.
June 18, 2019
WebPage
Regulatory News
|
|
News
PRA Launches 2019 Stress Test Exercise for Life and General InsurersPRA has launched the biennial insurance stress test and is asking the largest regulated life and general insurers to provide information about the impact of a range of stress tests on their business.
June 18, 2019
WebPage
Regulatory News
|
|
News
PRA Finalizes Reporting Amendments to Pillar 2 Liquidity FrameworkPRA published the final Policy Statement PS13/19 on regulatory reporting amendments and clarifications to the Pillar 2 liquidity framework for banks in UK.
June 17, 2019
WebPage
Regulatory News
|
|
News
FSB Assesses Implementation of Compensation Standards and PrinciplesFSB published the sixth progress report on the implementation of its principles and standards for sound compensation practices in financial institutions.
June 17, 2019
WebPage
Regulatory News
|
|
News
IMF Publishes Reports on 2019 Article IV Consultation with IrelandIMF published its staff report and selected issues report under the 2019 Article IV consultation with Ireland.
June 17, 2019
WebPage
Regulatory News
|
|
News
EBA Updates Data on Deposit Guarantee Schemes in EUEBA published the 2018 data on two key concepts in the Deposit Guarantee Schemes Directive (DGSD)—namely, available financial means and covered deposits.
June 17, 2019
WebPage
Regulatory News
|
|
News
SNB Updates Form for Reporting Solvency Risk of CounterpartiesSNB published the survey (Form Release 5.01) and related documentation for reporting solvency risk of counterparties in the interbank sector (ARIS).
June 17, 2019
WebPage
Regulatory News
|
|
News
ISDA Studies Variation in Global Implementation of Margin RequirementsISDA published a paper that highlights the main areas of difference in the implementation of margin requirements for non-cleared derivatives across jurisdictions and makes recommendations on how to resolve these variations.
June 17, 2019
WebPage
Regulatory News
|
|
News
US Agencies Finalize Rule to Streamline Reporting for Small BanksUS Agencies (FDIC, FED, and OCC) adopted a final rule to streamline the regulatory reporting requirements for small institutions.
June 17, 2019
WebPage
Regulatory News
|
