On 3 December 2014, EIOPA announced the publication of 18 final reports containing the final version of most of the first set of guidelines required under the Solvency II Directive, together with a cover note giving an overview of the approach EIOPA has taken in finalising these guidelines. EIOPA has not yet published final versions of guidelines on governance and the own risk and solvency assessment (ORSA). It plans to publish these in February 2015. Links to all the documents are given on this webpage.
EIOPA published draft versions of the guidelines for consultation in June 2014 and it has published an Excel document setting out the comments that it received and the steps that it has taken to resolve issues raised by respondents.
EIOPA has also published a revised impact assessment on the first set of the guidelines, revising the version consulted on in June 2014 and says that it will publish a further revised version once the guidelines on governance and ORSA have been finalised.
Following the publication of the final reports, the guidelines are being translated into all European languages. EIOPA currently expects that the comply-or-explain procedure with national competent authorities relating to these guidelines will run from February 2015 to March 2015.