On 10 July 2015, EIOPA published a note on its website calling for high quality public disclosure of financial information through publication of the Solvency and Financial Condition Report (SFCR) under Solvency II.  Amongst other matters, EIOPA emphasises that the public disclosure requirement is an opportunity for (re)insurers to challenge stakeholder perception of opaqueness and inadequacy of publically released information.  EIOPA notes that external audit services can be a powerful tool in ensuring that information is of such a high quality.