On 28 March 2018, the European Insurance and Occupational Pensions Authority (EIOPA) published a consultation paper on amendments to implementing technical standards (ITS) on reporting and disclosure relating to the Solvency II Directive.
EIOPA has also published a proposed implementing regulation which contains ITS on the templates for the submission of information to the supervisory authorities and a proposed implementing regulation which contains ITS on the procedures, formats and templates of the solvency and financial condition report, plus an impact assessment.
The aim of the consultation is to receive input from stakeholders on the proposed corrections and amendments based on the changes stemming from the European Commission's Delegated Regulation (EU) 2917/1542 on infrastructure corporates. EIOPA has also published a correction to its guidelines on reporting for financial stability purposes.
EIOPA is holding a public meeting on the consultation on 12 April 2018. Comments on the consultation paper are requested by 11 May 2018.