The European Commission has adopted a Solvency II implementing regulation laying down technical information for the calculation of technical provisions and basic own funds for Q3 2016 reporting i.e. reporting with reference dates from 30 June until 29 September 2016. The implementing regulation aims to ensure uniform conditions for (re) insurers to calculate technical provisions and basic own funds by providing the technical information, for every reference date, on: the relevant risk-free rate term structures (Annex I); the fundamental spreads for the calculation of the matching adjustment (Annex II); and, for each relevant national insurance market, the volatility adjustments (Annex III).
The implementing regulation was published in the Official Journal of the European Union on 18 August and applies retrospectively from 30 June 2016.
A link to the implementing regulation is here.