PRA Publishes Supervisory Disclosures Under Solvency II
PRA published supervisory disclosures in line with its obligations under Article 31(2) of the Solvency II Directive. The public disclosure is designed to foster a uniform level of transparency and accountability between supervisory authorities.
The material published will be of primary interest to PRA-authorized insurance companies. PRA will publish Templates A and B in the fourth quarter of 2018.The published disclosures include the following:
- Aggregate statistical data on key aspects of the application of the prudential framework
- A table covering the manner of exercise of the options provided for in the Solvency II Directive
- Links to the texts of insurance regulations applicable in the UK
- Links to the PRA supervisory approach
Related Links
Keywords: Europe, UK, Insurance, Solvency II, Supervisory Disclosures, Supervisory Approach, Insurance Regulations, PRA
Previous Article
ECB Opinion on Proposed Directive and Regulation on Covered BondsRelated Articles
|
News
SEC Finalizes Capital and Margin Requirements for Security-Based SwapsSEC adopted a package of rules and rule amendments to establish capital, margin, and segregation requirements for security-based swaps, under Title VII of the Dodd-Frank Act.
August 22, 2019
WebPage
Regulatory News
|
|
News
ECB Revises Prudential Provisioning Expectations for New NPEsECB is revising its supervisory expectations for prudential provisioning of new non-performing exposures (NPEs) specified in the “Addendum to the ECB Guidance to banks on non-performing loans” (Addendum)
August 22, 2019
WebPage
Regulatory News
|
|
News
CFTC Proposes to Revise Information Collection on Margin RequirementsCFTC is requesting comments on the burdens associated with certain aspects of the Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants (final rule).
August 21, 2019
WebPage
Regulatory News
|
|
News
FASB to Delay Effective Date for Insurance Contracts StandardFASB issued a proposed Accounting Standards Update that would grant all insurance companies that issue long-duration contracts, such as life insurance and annuities, additional time to apply the standard that addresses this area of financial reporting.
August 21, 2019
WebPage
Regulatory News
|
|
News
EBA Publishes Phase 2 of Technical Package on Reporting Framework 2.9EBA published phase 2 of its technical package on the reporting framework 2.9, which includes validation rules, Data Point Model (DPM) data dictionary, and XBRL taxonomies.
August 21, 2019
WebPage
Regulatory News
|
|
News
FSB Publishes Responses to Its Consultation Related to SME FinancingFSB published responses received to the consultation on a report on the evaluation of the effects of financial regulatory reforms on small and medium-sized enterprise (SME) financing.
August 21, 2019
WebPage
Regulatory News
|
|
News
APRA Revises Related Entities Standard for BanksAPRA published a strengthened prudential standard APS 222 on associations with related entities, with the aim to mitigate contagion risk within banking groups.
August 20, 2019
WebPage
Regulatory News
|
|
News
EBA and ESMA Issue Joint Response to EC Letter on Crypto-AssetsEBA and ESMA issued a joint response to the EC letter, from July 19, 2019, on crypto-assets.
August 20, 2019
WebPage
Regulatory News
|
|
News
FSB on Responses to Consultation on Wind-Down of Trading PortfoliosFSB published responses received to the consultation on the solvent wind-down of the derivatives and trading book portfolio of a global systemically important bank (G-SIB).
August 19, 2019
WebPage
Regulatory News
|
|
News
FSB Publishes Responses to Consultation on Resolvability DisclosuresFSB published responses received to the consultation on disclosures for resolution planning and resolvability of banks.
August 19, 2019
WebPage
Regulatory News
|
