Question ID: 3523
Regulation Reference: (EU) No 2015/35 - supplementing Dir 2009/138/EC - taking up & pursuit of the business of Insurance and Reinsurance (SII)
Article: 84
Status: Rejected
Date of submission: 09 Mar 2026
Question
What is the penalty for using the prior quarters TPT file for a private credit fund if the latest quarters isn't available due to timing?
EIOPA answer
Penalties for non-compliance with Solvency II requirements are not regulated in EU law. Therefore, this question is rejected, as it concerns matters that are not covered by this Q&A process.
Article 84(3) of Delegated Regulation (EU) 2015/35 allows to calculate the Solvency Capital Requirement based on the last reported asset allocation of a collective investment undertakings or investments packaged as funds, subject to conditions specified in that provision.