The supervisory reporting requirements applicable to all undertakings subject to Solvency II Directive are defined in: Implementing Technical Standards on Reporting (consolidated version including the amendments) Amendment to the Implementing Technical Standard on Reporting (2016) Amendment to the Implementing Technical Standard on Reporting (2017)

EIOPA published the opinion on the 2020 review of the Solvency II regime. Overall, EIOPA notes that the Solvency II framework is working well from the prudential perspective and no fundamental changes are needed, rather a number of adjustments are required to ensure that the regulatory framework continues as a well-functioning risk-based regime.

2021-01-25 EIOPA Consultations; EIOPA Opinions; Annual Reports; Submissions to the EC; Protocols, Decisions and Memoranda; Reports; Solvency II Final L2 Advice; European Commission Requests; Letters of Comments; Register of Institutions for Occupational Retirement Provision; Other Documents; Supervisory Statements; Register of Insurance Intermediaries These delays mean that EIOPA will now deliver its advice on the Solvency II Review to the European Commission at the end of December 2020. It is therefore unlikely that the Commission will respond with legislative proposals before late 2021, which means that any legislative changes proposed would not be implemented until 2022. EIOPA launched Solvency II on January 1 st, 2016. It is a risk-based capital regime which imposes a string of reporting and transparency requirements upon insurers.

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The expected audience of this document are software developers working directly or indirectly for national competent authorities [NCAs] that will be required to pass supervisory data to EIOPA … EIOPA-CP-14/029 2 June 2014 . Impact Assessment On the EIOPA Solvency II Guidelines . EIOPA | WesthafenTower | Westhafenplatz 1 | 60327 Frankfurt | Germany Phone: +49 69 951119-20 | Fax: +49 69 951119-19 | info@eiopa.europa.eu | www.eiopa.europa.eu ©®EIOPA 2014 EIOPA –European Insurance and Occupational Pensions Authority– email: xbrl@eiopa.europa.eu; Website: https://eiopa.europa.eu 2 of 7 I Introduction This EIOPA Solvency II DPM and XBRL taxonomy package release 2.3.0 is provided to be used from the 31/12/2018 reference date until a new version is announced in line with the and EIOPA Solvency II XBRL Taxonomy), – provide additional guidelines related to the filing of data in general or specific cases. The DPM and taxonomy documents does not address ALL the rules that are defined in the Solvency II information requirements. In particular it is assumed that all reported This EIOPA Solvency II DPM and XBRL taxonomy package release 2.0.1 is provided to be used for the first submission obligations of at least the first and second financial quarters. It covers both: definition of reporting requirements as well as all the underling regulations.

EIOPA’s Solvency II 2020 consultation paper on the SFCR, it appears 5 ECB add-ons relate to additional information required by ECB for statistical and monetary policy operations. inclusions, EIOPA is proposing to delete QRTs S.03.02 (Off-balance sheet items - List of unlimited guarantees received by

example in the context of the European Supervisory Authorities’ (ESAs) and Solvency II reviews. VII. EIOPA’s actions to ensure consistent supervision by NCAs were based on sound analysis and, for the most part, had a comprehensive scope. EIOPA identified through its work important weaknesses in the way the NCAs work and regularly monitors the NN Group has taken note of EIOPA’s Opinion to the European Commission on the Solvency II review published on 17 December 2020. The Opinion, which consists of a proposed package of measures, will be used as input for the European Commission to draft a legislative proposal which will be discussed with the European Council and European Parliament in the coming years.

EIOPA publishes information on the use of limitations and exemptions from reporting under Solvency II The European Insurance and Occupational Pensions Authority (EIOPA) published today its annual report on the use of exemptions and limitations from the regular supervisory reporting by national competent authorities (NCAs) under Solvency II, during 2019 and Q1 2020.

EIOPA identified through its work important weaknesses in the way the NCAs work and regularly monitors the NN Group has taken note of EIOPA’s Opinion to the European Commission on the Solvency II review published on 17 December 2020. The Opinion, which consists of a proposed package of measures, will be used as input for the European Commission to draft a legislative proposal which will be discussed with the European Council and European Parliament in the coming years.

2021-01-25 · Carlos Montalvo Rebuelta analyses EIOPA's advice to the European Commission on the Solvency II 2020 review, highlighting the points of contention between regulators and policy makers When I saw last week that my comment piece on the Solvency II 2020 review was amongst the most read article on Insurance Asset Risk in 2020, I thought that such interest deserved a follow up.
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The measures proposed aim at keeping the regime fit for purpose by introducing a balanced update of the regulatory framework, reflecting better the economic situation and completing the missing elements from the regulatory toolbox.

On 17 December the European Insurance and Occupational Pensions Authority (EIOPA) published its final opinion on the proposed reforms as part of the 2020 review. The EIOPA suggests implementing a smoothed introduction as long as interest rates stay below 0.5%. Q&A on EIOPA Technical Specifications.
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EIOPA lanserar de första tekniska kraven för Solvens 2 den första delen av ITS, Implementing Technical Standards for Solvency II, och bjuder

It introduces a harmonised EU-wide insurance regulatory regime. The legislation replaced 14 EU insurance directives.

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Solvency II reporting increases the regulatory burden on insurance companies significantly. Effective system solutions are essential to avoid what can be an extremely time-consuming exercise. Identifying and solving data quality issues at an early stage helps prevent problems later. That’s where we come in…

EIOPA supports the ex-post evaluation of the regulatory regime as an important element of better regulation by contributing to a rigorous, evidence-based and transparent review of Solvency II. In an early first phase, the Commission adapted the Solvency II Delegated Regulation to review the treatment of infrastructure investments and the treatment of simple, transparent and standardised (STS) securitisation.