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09 October 2019

EIOPA launches field test on revised and new templates under Solvency II reporting and disclosure review 2020


The EIOPA launched - as part of the 2020 Solvency II reporting and disclosure review – Wave 1 - a field test on the revised and newly proposed templates. As indicated in the context of the consultation on supervisory reporting and public disclosure the revision covers both content and structure of different templates.

The aim of the field test is to provide undertakings the possibility to implement the new and revised reporting requirements, to identify main issues and to report on them. The field test does not aim that National Competent Authorities (NCAs) receive real data. Experience shows that many important questions and concerns including those linked with the interpretation of which information is requested, are raised during implementation. To address these questions and concerns, EIOPA conducts this field test and welcomes any feedback, e.g. questions, concerns and any problem encountered during the test phase.

Taxonomy package content: The field test is based on the templates and instructions of templates as published in the Consultation on supervisory reporting and public disclosure. The package consists of:

  • DPM excel files (Annotated templates and DPM dictionary; list of the same data points is included in the Annotated templates file, suggestions regarding potential validation checks are added as comments)
  • XBRL files
  • Database

Some templates, namely S.01.01, S.01.02, S.01.03 and T.99.01, were added to the package to assure that the field test DPM and XBRL taxonomy consists of the same functional templates as the officially released taxonomy packages, e.g. 2.4.0.

Although, as mentioned above, there is no intention to collect real data during the field test exercise, the 2.4.0 taxonomy architecture has been used including its 2.4.0 Filing rules. Please note that the potential final implementation of the template may include also further improvements coming from the technical means review to be conducted in the coming months.

The field test is open for all solo undertakings and service providers. EIOPA appreciates the participation of different types and sizes of undertakings.

Stakeholders are invited to participate in the field test, testing one, some or all of the templates.

Feedback is welcome until the 31 January 2020.

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