The Prudential Regulation Authority (PRA) has published a discussion paper on possible reforms to the risk margin and matching adjustment in Solvency II. The discussion paper also contains a technical annex ‘Solvency II Review: Matching Adjustment and reforms to the Fundamental Spread.

Responses to the discussion paper should be submitted by 21 July 2022.

View: DP2/22 – Potential Reforms to Risk Margin and Matching Adjustment within Solvency II