Regulatory Alerts2015-12-02
Added · Updated
Commission Implementing Regulation (EU) 2015/2450 laying down implementing technical standards for supervisory reporting templates under Solvency II
The European Commission adopted Implementing Regulation (EU) 2015/2450 to establish standardized templates for supervisory reporting by insurance and reinsurance undertakings and groups under Directive 2009/138/EC. The regulation mandates specific data formats, currency conversion rules, and quantitative reporting requirements for individual and group entities, with application beginning on 1 January 2016. It specifies distinct templates for opening information, quarterly submissions, and annual reports, including thresholds for collective investments and structured products.
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