Regulatory Alerts2022-08-08
Added · Updated
Commission Implementing Regulation (EU) 2022/1384 laying down technical information for Solvency II reporting
The European Commission mandates that insurance and reinsurance undertakings use specific technical information to calculate technical provisions and basic own funds for reporting periods with reference dates from 30 June 2022 until 29 September 2022. This Regulation requires the use of relevant risk-free interest rate term structures, fundamental spreads for matching adjustments, and volatility adjustments as set out in Annexes I, II, and III. The regulation entered into force on 10 August 2022 and applies retroactively from 30 June 2022.