There is currently an initiative by the EU Commission to reduce reporting obligations by 25%. Many working groups have already been formed in some countries and at Insurance Europe to deal with this issue. At our workshop with the regulator, it was said that financial stability reporting is not being considered. We would be interested to know why this is the case? From our point of view, FS reporting leads to early, double reporting. We have to deliver some of the same QRTs (S.02.01, S.05.01, S.06.02, S.23.01) to the regulator 4 weeks before the regular quarterly reporting. This leads to time pressure, as our group has to be ready with the consolidation just 2 weeks after the solo submission. We therefore request that the FS Guideline be scrutinised in addition to the ITS. One possibility would be to include the additionally required FS QRTs S.14.04, S.14.05, S.38.01, S.39.01 and S.41.01 in the normal quarterly reporting under Solvency II and to delete the duplicate QRTs S.02.01, S.05.01, S.06.02 and S.23.01 for FS purposes.