EIOPA responds on Solvency 2 questions: EIOPA has responded to:
- a question on the definition of "reserve risk method 2" in the Solvency 2 Regulation; and
- questions on the dates on which each set of monthly technical information will be published for the rest of 2015. It also explains the origins of the fluctuations in forward rates calculated from the published spot rates.
(Source: EIOPA Responds on Solvency 2 Questions)
EIOPA issues Solvency 2 preparation update: EIOPA has updated its webpage on Solvency 2 to make it easier for insurers, reinsurers and other market participants to find any information they need quickly. The page includes the first six Implementing Technical Standards (ITS). EIOPA is considering comments on its consultation on the second set of Solvency 2 ITS and guidelines. It plans to publish its response in Q3 2015. On 30 June, EIOPA will send the Commission the final set of ITS for endorsement, in particular those related to the harmonised regular reporting requirements under Solvency 2. The XBRL taxonomy in Q3 2015 will be based on the full final reporting package. (Source: EIOPA Updates on Preparation for Solvency 2)