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ARTICLE · 19 APRIL 2017

EIOPA Issues Q&As On EU Regulation

Ganado Advocates
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The European Insurance and Occupational Pensions Authority (EIOPA) has published a new set of Q&As on (i) EU Regulation 2015/2450 covering the templates to submit information to the supervisory authorities and (ii) Regulation No 2015/2452 with regard to the procedures, formats and templates of the Solvency and Financial Condition Report

European UnionEmployment and HR
Ganado Advocates
Ganado Advocates
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The European Insurance and Occupational Pensions Authority (EIOPA) has published a new set of Q&As on (i) EU Regulation 2015/2450 covering the templates to submit information to the supervisory authorities and (ii) Regulation No 2015/2452 with regard to the procedures, formats and templates of the Solvency and Financial Condition Report. It includes Q&As on the guidelines covering the loss-absorbing capacity of technical provisions and deferred taxes.

The Q&As provide a clearer understanding and interpretation of the various provisions contained in the Regulations giving the industry a stronger base, consistency and effectiveness. The new streamlined explanations further contribute to supervisory convergence in the EEA within EIOPA's field of operation. The Q&As are the result of ongoing deliberations between EIOPA and the Commission to ensure consistency between the responses and European legislative texts.

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