2023-04-04
Added · Updated
The European Commission adopted Implementing Regulation (EU) 2023/894 to establish implementing technical standards for Directive 2009/138/EC regarding supervisory reporting templates. This regulation mandates that insurance and reinsurance undertakings submit specific information to their supervisory authorities using the prescribed formats. It explicitly repeals the previous Implementing Regulation (EU) 2015/2450 to replace the existing reporting requirements with the new standardized templates.