The PRA has published the minutes of a meeting of its Solvency II regulatory reporting industry working group. The minutes focus on known issues with data and the use of eXtensible Business Reporting Language (XBRL).
The PRA has also published a set of questions and answers (Q&As) collated from its Solvency II industry briefings that took place on 12 December 2013. The Q&As cover various topics including:
- the process and timeframe for feedback from the PRA on submitted reporting;
- national-specific templates;
- guidance on completing Pillar 3 reports; and
- reporting formats.
The next meeting of the working group will be held in early March 2014.
View PRA Solvency II regulatory reporting industry working group, 19 December 2013
View Preparing for Solvency II, 7 February 2014
View Questions and answers collated at the PRA’s Solvency II industry briefings, 12 December 2013