The following are recent updates issued by EIOPA:
i. Following EIOPA’s publication of harmonised and Solvency II Quantitative Reporting Templates (“QRT”), an updated up-dated sub-set of Quantitative Reporting Templates (“QRT”) have now been published. These are available from EIOPA’s Guidelines on Submission of Information to National Competent Authorities (NCAs), applicable in the Preparatory Phase (2014-2015).
ii. The decision to implement XBRL as the standard for reporting data submission between EIOPA and NCAs as well as to promote its use in the market was also adopted.
iii. The following products have been developed by EIPOA:
- Data Point Model which is a structured representaation of data;
- EIOPA XBRL Taxanomy for the presentation of data items in the technincal format of XBRL.