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European Insurance and Occupational Pensions Authority
 

2723

Q&A

Question ID: 2723

Regulation Reference: (EU) 2023/895 - ITS for the disclosure of solvency and financial condition report

Topic: Disclosure Templates

Template: S.19.01

Status: Final

Date of submission: 26 Jun 2023

Question

Thanks for the response to Q&A 2591. which confirmed that some LoB can be left out of S.19.01.01 completely in reporting to supervisors. We have a follow-up question: is there any corresponding implication for S.19.01.21 (the SFCR version of S.19.01.01)? We do note that there is no change in the LOG guidance (in the supporting documentation for the 2.8 taxonomy) but the lack of a corresponding relaxation of the reporting requirement (which aligns with private version) for the public version of S.19.01 does of course somewhat undermine this relaxation of the reporting requirements. Following up on our question in Q&A #2591, would the public version of S.19.01 need to include only the Lob that covers 99% of TP or must it also include the LoB that are considered immaterial for the private version of S.19.01

EIOPA answer

EIOPA will evaluate your proposal in the future ITS amendment as at the moment changes are not possible to the (EU) 2023/895 - ITS for the disclosure of solvency and financial condition report.