Solvency II Supervisory Reporting and Disclosure ITS Amendments
Summary
EIOPA published a final report containing draft amendments to two Implementing Technical Standards (ITS) governing supervisory reporting and public disclosure requirements under Solvency II. The amendments incorporate changes from the Solvency II review and align with the European Commission's initiative to reduce administrative burden by at least 25% across all sectors and 35% for SMEs. The report includes revised guidelines on reporting for financial stability purposes and on supervision of third-country insurance undertaking branches.
What changed
EIOPA has released final report EIOPA-26-081 containing draft amendments to the supervisory reporting and public disclosure ITS under Solvency II. The amendments implement changes from the recent Solvency II review and introduce significant burden reduction measures, targeting at least 25% reduction across all sectors and 35% specifically for small and medium-sized enterprises. The package includes four annexes covering revised guidelines on financial stability reporting and supervision of third-country insurance branches.
Insurance and reinsurance undertakings subject to Solvency II reporting requirements should review the amended ITS provisions and updated reporting templates in Annex VII. Compliance teams should monitor for the European Commission's adoption of these technical standards and prepare for potential changes to annual and quarterly reporting obligations. The final report does not specify an immediate compliance deadline as the amendments require further Commission adoption.
What to do next
- Review the final report EIOPA-26-081 and attached annexes to understand amended reporting requirements
- Analyze revised templates and guidelines in the reporting and disclosure package (Annex VII)
- Monitor for European Commission adoption of the ITS amendments to determine implementation timeline
Source document (simplified)
Details
Publication date 30 March 2026
Description
The final report contains draft amendments to two Implementing Technical Standards (ITS) that set out supervisory reporting and disclosure requirements under Solvency II. The proposed amendments incorporate changes necessitated by the recent review of Solvency II while also supporting European Commission’s initiative to simplify rules and ease administrative burdens by reducing the reporting burden by at least 25% across all sectors (35% for SME).
Files
- 30 MARCH 2026 EIOPA-26-081 - Final report on supervisory reporting and public disclosure requirements under Solvency II.pdf English (882.72 KB - PDF) Download
- 30 MARCH 2026 Annex V - Revised Guidelines on reporting for financial stability purposes.pdf English (425.43 KB - PDF) Download
- 30 MARCH 2026 Annex VI - Revised Guidelines on the supervision of branches of third-country insurance undertakings.pdf English (1.23 MB - PDF) Download
- 30 MARCH 2026 Annex VII - Reporting and disclosure package.zip English (8.49 MB - ZIP) Download Share this page
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