EIOPA responds to the European Commission’s proposed changes to the ITS on reporting and disclosure

The European Insurance and Occupational Pensions Authority (EIOPA) submitted today an Opinion to the European Commission on proposed technical amendments to two draft Implementing Technical Standards on supervisory reporting and disclosure requirements originally submitted by EIOPA on 30 March 2026. 

This Opinion comes in response to a recent proposal by the Commission to decouple the previously embedded reporting and disclosure instructions from their respective ITS and make them available on EIOPA’s website. 

EIOPA agrees that hosting technical reporting and disclosure instructions directly on its website significantly enhances the agility and responsiveness of the Solvency II reporting and disclosure framework, delivering clear operational benefits to all market participants and supervisory authorities.

Therefore, EIOPA will publish these instructions (in English) on its website as soon as the Commission has adopted the ITS on supervisory reporting and the ITS on public disclosure. 

Aside from moving instructions to the website, the core substance of EIOPA’s draft ITSs – including the proposed reporting reductions and simplifications – remains unchanged as published on 30 March 2026.

On this basis, market participants can continue their preparations for the revised Solvency II framework’s entry into application on 30 January 2027 in accordance with EIOPA’s draft ITS on supervisory reporting, the draft ITS on public disclosure, and Taxonomy 2.10.0. 

Go to the Opinion

Background

On 19 October 2026, the European Commission, acting in accordance with the procedure set out in fourth subparagraph of Article 15(1) of Regulation (EU) No 1094/2010 (EIOPA Regulation), notified EIOPA of its intention to amend the drafts by removing the supervisory reporting instructions and the public disclosure instructions from the ITS on supervisory reporting and the ITS on public disclosure respectively. These instructions shall be separately made available by EIOPA on its website. EIOPA shall keep those instructions up to date also in light of the possible input from supervisory authorities and supervised entities.

Pursuant to the procedure set out in the fourth subparagraph of Article 15(1) of the EIOPA Regulation, EIOPA has prepared an Opinion on the proposed amendments by the European Commission.