NBB published the timetable for the reports that supervised companies and their accredited auditors, in the insurance and reinsurance sector, must submit in 2020 (reports for the 2019 financial year) via the secure eCorporate platform. The changes in timeline are very much limited, compared to 2019. The qualitative reports to be submitted by the insurance and reinsurance companies via the eCorporate platform include Solvency and Financial Condition Report (SFCR), Regular Supervisory Report, and Own Risk and Solvency Assessment (ORSA). Annex 1 to the communication on the reporting timelines lists the qualitative reports to be submitted by supervised companies while Annex 2 lists the reports to be submitted by accredited auditors.
The eCorporate platform is also used to submit the following:
- Additional national governance reports to be submitted by insurance and reinsurance undertakings and insurance and reinsurance groups
- Ad hoc reporting in different domains (such as actuarial, internal model, fight against money laundering and terrorist financing)
- Reports from the accredited auditors
Related Link (in Dutch): NBB Communication
Keywords: Europe, Belgium, Insurance, Reinsurance, SFCR, ORSA, Reporting, eCorporate Platform, Solvency II, NBB
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