National regulators to consult on additional insurer reporting requirements

Concerns national specific templates could lead to gold-plating and increased reporting burden


Europe's national regulators are gearing up to consult insurers on reporting requirements that go beyond those mandated by Solvency II, which stakeholder groups warn may undermine the goal of harmonised regulatory reporting across the European Union (EU).

National competent authorities (NCAs) in certain member states, including the UK and Sweden, intend to consult insurers over the next few months on plans to introduce national specific templates (NSTs). The French supervisor has already

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