Question ID: 764
Regulation Reference: Guidelines on reporting and public disclosure
Article: 44
Status: Final
Date of submission: 05 Aug 2016
Question
According to guideline 22 (1.36) point (l) the following should be described for Technical Provisions:
Description of the assessments referred to in points (a), (b) and (c) of the first subparagraph of article 44 of Solvency II Directive. Where the reduction of the matching adjustment or the volatility adjustment to zero would result in non-compliance with the SCR, an analysis of the measures it could apply in such a situation to re-establish the evel of eligible own funds covering the SCR or to reduce its risk profile to restore compliance with the SCR;
Does the reference to points (a), (b) and (c) above refer to 2a of article 44 of the SII Directive?
EIOPA answer
Yes, that is correct. The reference is to para. 2a of article 44 of the Solvency II Directive.