Final Report on revised Guidelines on undertaking-specific parameters

The revised Guidelines on undertaking-specific parameters – that can replace standards parameters in standard formula capital requirement calculations – correct outdated legal references and streamline the guidelines without changing their intended meaning. In line with EIOPA’s balanced approach to simplifying regulation, the number of individual guidelines is reduced by 21%.

The revised Guidelines will become applicable two months after the publication of translations into all official EU languages. Until then, the Guidelines issued in 2015 are applicable.