On 6 November 2015, the European Insurance and Occupational Pensions Authority (EIOPA) published a final report (dated 30 October 2015) on its consultation on implementing technical standards (ITS) regarding application of the equity transitional (i.e. the transitional measure for the calculation of the equity risk sub-module).  Amongst other matters, this provides guidance on such application where undertakings calculate their solvency capital requirement in accordance with the standard formula.  The Report will be submitted to European Commission for consideration.