4
Approach to specific cases: Reporting and disclosure requirements based on Solvency II
4.1
Table C considers specific cases where Solvency II reporting and disclosure requirements include EU-based references, and sets out an expected approach in each instance.
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Table C: Approach to interpretation of specific EU-based references in reporting and disclosure requirements based on Solvency II
| Reference | Template title |
Legislative reference |
Interpretation |
|---|---|---|---|
| Geographical splits with different treatment of EU/EEA countries |
S04.01, S04.02, S12.02, S17.02 |
ITS 2015/2450, Annexes I and II |
The current reporting requirements relating to geographical split continue to apply. References to the EEA should be read as a reference to the EEA plus the UK, and references to non-EEA should be read as a reference to all non-EEA countries excluding the UK. |
| References to repealed legislation |
S22.04, S22.05 |
ITS 2015/2450, Annexes I and II | Some Solvency II reporting and disclosure templates contain references to repealed legislation (Directive 2002/83/EC and Directive 2005/68/EC). Firms should continue to refer to this repealed legislation as at the date of last application. |
| References to repealed CRD legislation | S23.01 |
ITS 2015/2450, Annexes I, II and III ITS 2015/2452, Annexes I, II and III |
References to ‘credit institutions authorised in accordance with Directive 2006/48/EC’ should be read as a reference to PRA-regulated credit institutions. |
| Method for allocating identifying code | Multiple templates |
ITS 2015/2450, Annexes I, II and III | The instructions for assigning identifying codes distinguish between entities in the EEA and those outside the EEA. Firms should continue to use the same identifying codes as they have used previously. |
| Method for allocating code to be used for Issuer Country | S06.02, S06.03, S11.01 |
ITS 2015/2450, Annexes I, II and III |
Firms should continue to use the code ‘EU’ for European Union Institutions. |
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