Consultation on revised Guidelines on methods for determining the market shares for reporting

This consultation paper presents the proposed revised Guidelines on methods for determining the market shares for the purpose of limiting supervisory reporting according to the Article 35(11) of the current Solvency II Directive. 

Based on the practical application of the Guidelines since 1 of January 2016, some targeted improvements have been identified with the aim of better clarifying the process and both supervisory authorities’ and undertakings’ role, promoting the use of the option of the limitation/exemption from reporting.