On 2 April 2016, Solvency II was amended (by Commission Delegated Regulation 2016/467) to:
- Include a new asset class: qualifying infrastructure investments;
- Bring the treatment of investments in European Long-Term Investment Funds (ELTIFs) into line with the treatment of investments in European Venture Capital Funds, and European Social Entrepreneurship Funds (EuVECAs & EuSEFs); and
- Provide for the equivalent treatment of equities traded on multi-lateral trading facilities and equities listed on regulated markets.
Afterwards, a Commission Implementing Regulation was made, to lay down the reporting templates for these investments. Unfortunately, that regulation included some errors. Commission Implementing Regulation (EU) 2016/1868, will correct these errors. This regulation was published in today’s Official Journal, and will come into force on 10 November 2016.