Login

EIOPA Consult on Disclosure Requirements

Posted on July 30, 2019 by Editor

The European Insurance and Occupational Pension Authority (EIOPA) has launched a consultation on the appropriateness and proportionality of public disclosure, in preparation for its 2020 Solvency II Review.

EIOPA is assessing the appropriateness and proportionality of supervisory reporting and public disclosure content, volume, frequency and deadlines, and checking if existing exemption requirements are sufficient.

While making their assessment they will consider if the information being reported is fit for the purpose of supervisory review; if reporting requirements are proportionate to the nature, scale and complexity of the risk; that data requested is as much as possible standardised and uses standardised codes such as the Legal Entity Identifier (LEI); and that there is consistency with other reporting frameworks in the financial sector.

Read more and respond to the consultation here. The deadline for feedback submissions is 18 October 2019.

Other Posts


Newsletter
Newsletter

Would you like
to learn more?

Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.

By clicking submit you agree to the XBRL International privacy policy which can be found at xbrl.org/privacy