EIOPA · 2723

Disclosure Templates

Regulation
(EU) 2023/895 - ITS for the disclosure of solvency and financial condition report
Topic
Disclosure Templates
Submitted
2023-06-26
Answered
2023-07-24

Question

Thanks for the response to Q&A 2591. which confirmed that some LoB can be left out of S.19.01.01 completely in reporting to supervisors. We have a follow-up question: is there any corresponding implication for S.19.01.21 (the SFCR version of S.19.01.01)? We do note that there is no change in the LOG guidance (in the supporting documentation for the 2.8 taxonomy) but the lack of a corresponding relaxation of the reporting requirement (which aligns with private version) for the public version of S.19.01 does of course somewhat undermine this relaxation of the reporting requirements. Following up on our question in Q&A #2591, would the public version of S.19.01 need to include only the Lob that covers 99% of TP or must it also include the LoB that are considered immaterial for the private version of S.19.01

Answer

EIOPA will evaluate your proposal in the future ITS amendment as at the moment changes are not possible to the (EU) 2023/895 - ITS for the disclosure of solvency and financial condition report.

This Q&A is published by European Insurance and Occupational Pensions Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

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