Consultation on draft revised Guidelines on reporting and public disclosure - Solvency II Review

The Guidelines on reporting and public disclosure have since 2015 specified the minimum content of certain sections to be included in Regular Supervisory Reports (RSR) and Solvency and Financial Condition Reports (SFCR). Given amendments from the Solvency II review, in particular the introduction of a new SFCR structure, the Guidelines required an update. As with the group solvency Guidelines, provisions considered redundant, insufficiently clear or no longer consistent with the revised legal framework are proposed for deletion, leading to a 44% reduction in the number of individual Guidelines.