This Prudential Regulation Authority (PRA) Policy Statement (PS) provides feedback to responses to Consultation Paper (CP) 40/16 ‘Solvency II: Reporting format of National Specific Templates and reporting clarifications’.
It sets out final rules to incorporate National Specific Template (NST) information requirements within the Reporting Part of the PRA Rulebook (see Appendix 1) for financial year end 2016 and future financial year ends.
- sets out the requirement for firms to report their NSTs in Excel templates designed using XBRL principles; and
- provides updated LOG files to accompany NSTs to reflect changes in cell references, reporting clarifications and technical corrections.
The Excel templates and accompanying LOG files are available on the Regulatory reporting for Solvency II firms webpage – see Related links.
This PS is relevant to all UK Solvency II firms required to submit NSTs and to Lloyd’s.
Solvency II: Reporting format of National Specific Templates and reporting clarifications – PS38/16
PRA Rulebook: Solvency II firms: Reporting instrument 2016