Question ID: 3504
Regulation Reference: (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII)
Article: N/A
Status: Final
Date of submission: 03 Feb 2026
Question
1- I am aware that the the application date of level 2 amendments application date is 30 January 2027. Since Solvency II Taxonomy 2.8.2 still applies to Q4/YE 2026 reporting based on EIOPA's published roadmap, does this mean that Q1 reporting is the first to which the level 2 and 3 amendments apply together with Taxonomy 2.10.0?
2- With regards to the SFCR for YE 2026, will the appendix part be based on taxonomy 2.8.2 while the chapters part (e.g. Business and performance, System of Governance etc.) are expected to be based on the level 2 amendments?
EIOPA answer
Regarding question 1, EIOPA confirms your understanding that for Q4/YE 2026 reporting Solvency II Taxonomy 2.8.2 applies. As Level 1 and Level 2 changes will be applicable as of January 2027 also the revised reporting requirements shall become applicable as of January 2027. Please note that EIOPA is still reviewing the reporting requirements (ITS on Reporting) which are expected to be submitted to the European Commission at the beginning of Q2. Detailed planning of the new taxonomy is expected to be published in a due course.
Regarding question 2, the relevant reference date for the SFCR of the financial year 2026 is 31 December 2026 which is before the new Solvency II Directive enters into application (30 January 2027). Therefore, the current Solvency II requirements apply to the SFCR for YE 2026. The templates to be published as part of the SFCR shall be based on the existing Commission Implementing Regulation (EU) 2023/895.