Regulatory Alerts2017-11-24
Added · Updated
Commission Implementing Regulation (EU) 2017/2190 amending and correcting Implementing Regulation (EU) 2015/2452 on solvency and financial condition report templates
The European Commission amends and corrects Implementing Regulation (EU) 2015/2452 to update the procedures, formats, and templates for the solvency and financial condition report under Directive 2009/138/EC. The amendments modify general comments in Annexes II and III to clarify accounting perspectives and valuation bases for insurance undertakings, while Annex II corrects specific rows and columns in templates S.19.01.21, S.23.01.01, S.23.01.22, and S.25.01 through S.25.03. These changes directly affect insurance and reinsurance undertakings subject to Solvency II reporting obligations. The Regulation entered into force on the twentieth day following its publication in the Official Journal of the European Union on 25 November 2017.