New Challenges to Solvency II Reporting

Addressing the compliance and regulatory obligations of Solvency II can seem like an extremely complex and daunting task. Business Reporting Advisory Group experienced consultants, can help you make it nice and simple. Having worked with more than 30 different regulators worldwide we know what it takes to comply.

We can help you understand and adhere to new requirements given by EIOPA:

  • Public Disclosure
  • Changes between taxonomy versions 2.1 and 2.2
  • Pension Funds

please join us on 9 November at 11 am CET
for online Webinar

We will present:

PUBLIC DISCLOSURE:
How to effectively prepare business reporting around public disclosure requirement and extract already available data in order to comply with the new obligation.

CHANGES between taxonomies 2.1 and 2.2.

  • Modified and newly added validations
  • Rational behind technical table
  • New mechanism for deactivating rules

PENSION FUNDS:
So far the Pension Funds reported two – way to national supervisory authorities and national central banks. Now EIOPA introduced common reporting framework based on Solvency II dictionary, more over this dictionary is extended to fulfil European Central Bank reporting requirements. So the solution can be a single filing satisfying both requirements.

DEMO OF THE SOLVENCY II MODULE

During live demo we will present :

  • how quickly import/export XBRL instance documents based on supported XBRL taxonomies
  • closed and open tables rendering
  • metric types handling and validation
  • business case including validation rules

Host of the Webinar

Dr Michal Skopowski

Dr Michal Skopowski explores the implementation and maintenance of financial regulations and financial supervision around the world, in relation to data processing and management. He is one of the co-authors of the Data Point Modelling (DPM) methodology, a data-centric approach to data modelling, developed together with European and National Supervisory Agencies to improve the coherence, consistency and reliability of data modelling according to regulatory standards. DPM has subsequently been adopted by several core financial regulatory institutions globally, including the European Insurance and Occupational Pensions Authority, European Banking Authority, Bank of England, Central Bank of Ireland, National Bank of Spain, etc.

Michal is a Chief Business Advisor at Business Reporting-Advisory Group (BR-AG), specializing in financial regulatory standards and data modelling primarily in the field of central banking and financial supervision. At BR-AG Michal leads the team of Business Analysts, coordinating the projects related to building accurate data models through implementation of state of the art methods and technologies.

Michal’s core interests include exploring the relationship between regulatory requirements and technical standards with the goal of reducing risk, boosting transparency and enhancing trust in the financial sector. His expertise encompasses the development of new and existing data modelling methods, modelling XBRL taxonomies based on regulatory standards, including IFRS, Basel II/III, Solvency II, MIFIDII/MIFIR, EMIR etc. and the application of new technological solutions, such as Blockchain, to improve the quality and transparency of financial data modelling and processing.