Joe Ryan contributed to the writing of this briefing note
In August 2015, the Prudential Regulatory Authority (PRA) published consultation paper CP25/15 on reporting and public disclosure.
The European Insurance and Occupational Pensions Authority (EIOPA) have released Implementing Technical Standards (ITS) for Solvency II supervisory reporting and Solvency II public disclosure. These standards allow supervisory authorities to specify different approaches for certain aspects of the standards.
The consultation paper seeks feedback on the draft supervisory statement which sets out the PRA’s expectations of how firms are to comply with the standards when options are provided to supervisory authorities in the areas discussed below.
We have summarised the PRA’s expectations in the following Solvency II briefing note.