Consultation on revised Implementing Technical Standards on the lists of regional governments and local authorities exposures to central government - Solvency II Review

All interested stakeholders

The proposed amendments add four new types of entities from France and Latvia to the list of regional governments and local authorities and remove UK entities. The entities listed in the Implementing Technical Standards will be treated like central governments in the calculation of the Solvency Capital Requirement with the standard formula, which means they receive a zero-capital charge for credit risk.