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The European Insurance and Occupational Pensions Authority (EIOPA) published a draft amendment to the Implementing Technical Standards (ITS) on the templates for the submission of information to the supervisory authorities. |
This amendment follows the changes introduced in the Solvency II Implementing Measures on tailored treatments to insurers' investments in infrastructure, in European Long-Term Investment Funds (ELTIFs) and in equities traded through multilateral trading platforms. The proposed amendment is required to collect meaningful information for supervisory purposes. At the same time it ensures the smallest impact possible for the implementation by the industry and national supervisors. The draft ITS follow the public consultation. Click here to view the Final Report on this consultation containing EIOPA's reasoned feedback on the comments received. The draft ITS have been submitted to the European Commission for endorsement.
To ensure timely reporting with reference date of 31 December 2016, EIOPA will issue the adapted XBRL taxonomy (version 2.1.0) in July 2016. The Public Working Draft (2.1.0 PWD) of this taxonomy was published on 1 June 2016 to be tested by market participants and further reviewed. |
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