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European Insurance and Occupational Pensions Authority
 

396

Q&A

Question ID: 396

Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities

Article: 314

Status: Final

Date of submission: 06 Nov 2015

Question

The EIOPA Guidelines (EIOPA-Bos-15/115) set out the reporting templates for the information referred to in Article 314(1)(a) and (b) of Commission Delegated Regulation (EU) 2015/35. However, we are wondering why there is no specific mention of the qualitative information required for Article 314 (c) regarding MCR, SCR and eligible Own Funds?  We assume the qualitative information is still required.

EIOPA answer

Yes, the qualitative information is still required. The ITS empowerment was on templates for the submission of information to the supervisory authorities and no specific template is envisaged for the qualitative information. Please note that the Guidelines on reporting and public disclosure (Final Report on public consultation No. 14/047) includes a Guideline (GL 39) on that information.