EIOPA responds to the European Commission's proposed changes to the ITS on reporting and disclosure

EIOPA has sent the European Commission an Opinion on the technical changes the Commission proposes to the two draft Solvency II ITS on supervisory reporting and public disclosure, submitted by EIOPA on 30 March 2026. The Commission wants to take the reporting and disclosure instructions out of the ITS and have EIOPA publish them on its website; EIOPA agrees because it makes the framework more agile.

Key points

• EIOPA will publish the instructions (in English) on its website as soon as the Commission adopts the ITS on supervisory reporting and on public disclosure.
• Apart from that move, the substance of the drafts is unchanged, including the reporting reductions and simplifications published on 30 March 2026.
• The market can keep preparing for the application of the revised Solvency II on 30 January 2027 using the draft ITS and Taxonomy 2.10.0.
• The Commission notified its intention on 19 October 2026 under the procedure of Article 15(1) of the EIOPA Regulation.

Who is affected

Insurers and reinsurers subject to Solvency II (reporting and SFCR teams) and national supervisors.

Deadlines

Application of the revised Solvency II: 30 January 2027. The instructions will be published on EIOPA's website once the Commission adopts the ITS.

Plain-language version

Summary produced with artificial intelligence from the official publication. It may contain errors: always check the original document.