Reporting formats: DPM, XBRL and Validations

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Harmonised EU-wide reporting formats are crucial to ensure a consistent implementation of European regulatory and supervisory frameworks to support EIOPA’s goal to improve the efficiency and consistency of the supervision of financial institutions across Europe.

Call for Comments: Amendments to the adopted Solvency II Technical Standards on Reporting and Disclosure

EIOPA identified some required amendments to the Implementing Technical Standard on the templates for the submission of information to the supervisory authorities (ITS on Reporting) and in the Implementing Technical Standard with regard to the procedures, formats and templates of the solvency and financial condition report (ITS on Disclosure). As a result, these amendments concern the Implementing Technical Standards, the Guidelines on Reporting for Financial Stability Purposes and the Guidelines on the Supervision of Branches of Third-Country Insurance Undertakings. Some of the amendments have an impact on the Solvency II XBRL Taxonomy, namely the governance of Taxonomy releases.  It is of utmost importance that the 2017 release of the Taxonomy  and the legal basis are fully aligned.

In order to provide legal certainty and to facilitate the correct reporting as well as the disclosure process for insurance undertakings, EIOPA invites all interested parties to comment on the proposed amendments or submit possible further amendments. The package for comments includes:

  • Draft amendment of the ITS on Reporting;
  • Draft amendment of the ITS  on Disclosure;
  • Draft impact assessment of the draft amendment of the ITS on Reporting;
  • Revised Annex 1, 2 and 3 of the ITS on Reporting;
  • Draft amendment of the Guidelines on Reporting for Financial Stability Purposes; and
  • Draft amendment of the Guidelines on the Supervision of Branches of Third-Country Insurance Undertakings.

Comments are particularly welcome regarding the impact assessment of the proposed amendments and are to be submitted to SIIReporting@eiopa.europa.eu by close of business on Monday, 8 May 2017. 

Technical implementation

A decision was taken to implement XBRL as the standard for reporting data submission between EIOPA and NCAs and to promote its use in the market by providing an EIOPA XBRL Taxonomy. The following products have been developed by EIOPA: 

  • The Data Point Model (DPM) is a structured representation of the data, identifying all the business concepts and its relations, as well as validation rules. The DPM contains all the relevant technical specifications necessary for developing an IT reporting solution (independent from the technical format).
  • ​The EIOPA XBRL Taxonomy presents data items, business concepts, relations and validation rules described by the DPM in the technical format of XBRL.

EIOPA publishes updated information on the DPM and XBRL Taxonomy design on its website in order to increase awareness and collect technical feedback from relevant market participants.

To contact EIOPA about information published in this section, please use the dedicated e-mail address: xbrl@eiopa.europa.eu

Decision of the Board of Supervisors on Collection of Information by EIOPA under Solvency II (November 2015)

Planning 2017

As a general rule EIOPA plans one taxonomy release per year and aims to minimise the number of taxonomy publications and it is expected that in regular years (most of the years) only one release will occur.

However, in extraordinary circumstances, for example in years with a high degree of business changes or when a released taxonomy contains serious technical defects, a second, purely corrective release may be needed. As a precautionary measure, this potential release is included in the yearly schedule to aid planning.​

The EIOPA makes available the Governance of Taxonomy Releases and Schedule 2017  and the Taxonomy Roadmap in order that undertakings can plan very in advance the IT implementation.​


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Please note that in February 2017 the 2.1.1 corrective release will not be published. Only an adaptive release will be published. Therefore all of the issues detected to date will be corrected with this adaptive release.​

​Full Solvency II Reporting​

Related documentation for Solvency II implementation

  • The Commission Implementing Regulation (EU) 2015/2450 with regard to the templates for the submission of information to the supervisory authorities according to Directive 2009/138/EC (ITS);
  • The Commission Implementing Regulation (EU) 2016/1868,  amending and correcting Implementing Regulation (EU) 2015/2450 laying down implementing technical standards (ITS);
  • Track of changes of Annex 2 and Annex 3 of the Commission Implementing Regulation (EU) 2015/2450 with regard to the templates for the submission of information to the supervisory authorities according to Directive 2009/138/EC with the amendments introduced by the Commission Implementing Regulation (EU) 2016/1868, amending and correcting Implementing Regulation (EU) 2015/2450 laying down implementing technical standard (Logs_Groups, Log_Individuals);
  • The Guidelines on Reporting and Public Disclosure (Guidelines),
  • The ITS on Special Purpose Vehicles (ITS),
  • The Guidelines on Financial Stability Reporting (Guidelines),​
  • The Guidelines on Third Country Branches (Final Report and Annexes​),​​​​
  • Unofficial reporting templates including ECB add-ons (ECB add-ons).​
Please note that the relevant public Q&A on Regulation is available here. Particularly the Q&A on the ITS on Reporting and the Q&A on the Guideline for Financial Stability ​Reporting.

Please note that the Public Disclosure Package CP-14-055 ITS is not covered by the DPM and Taxonomy.

Solvency II Validatio​​ns

The validations which data submitted in the quantitative reporting templates should comply with, are documented in the List of validations (Updated the 21/04/2017)​.  

Please note that you can subscribe to the RSS feed to track when this document or others are updated.​

Please submit your question(s) via the dedicated tool on EIOPA’s Website when they relate to business questions and to xbrl@eiopa.europa.eu for DPM or XBRL questions.​​​​​

DPM and Taxonomy 2.1.0 ​​​​​
(Published 15/07/2016, hotfix by 30/08/2016​) 

Apologies for any inconvenience caused, a fix is being worked on for these issues. 

Taxo​nomy Licence​ (updated the 02/12/2016​)

Release No​tes and Hotfix release notes

The list of k​​nown​ issues​ (updated the 21/04/2017​​)

DPM Dictionary​ and Annotated Templates​ workbooks

The detailed change log between 2.0.1 and 2.1.0​ (updated the 02/09/2016)

The DPM Documen​tation

The List of validations​​ (updated the 21/04/2017) and supporting syntax do​​cumentation

XBRL Taxonomy (as taxonomy package) (updated the 30/08/2016)

XBRL Taxonomy Documentation

Filing Rules for Solvency II Reporting

XBRL Test Instance documents (updated the 02/09/2016) and assertions test cases

The DPM database​ (updated the 02/09/2016)​

DPM and Taxonomy 2.0.1 ​​​​​
(Published 22/10/2015) 

Release Notes  

The list of known​ issues of 2​​​.0.1​ (updated the 26/09/2016​)

DPM Dictionary and Annotated Templates

The detailed change log between 2.0.1 and 2.0.1CR

EIOPA DPM Documentation

List of validations​ (updated the 26/09/2016​​) and supporting syntax documentation

XBRL Taxonomy version 2.0.1 (as taxonomy package)

XBRL Taxonomy Documentation

Filing Rules for Solvency II Reporting

XBRL Test Instance documents

The DPM database 2.0.1​ (updated the 23/11/2015)​​​

​​

Principles, rules and design approaches used in the current publication are still under consideration for Solvency II are subject to further changes. Comments provided will be considered in further work.

​Deprecated Versions

To see deprecated versions and betas press here​.​

Reporting special cases using the EIOPA Solvency II DPM and XBRL taxonomy

There are particular scenarios set out by the underlying Solvency II regulations which cover the reporting of data in special cases. These scenarios require a specific use of the taxonomy by the undertakings, National Competent Authorities (NCA) and EIOPA in order for these reports be submitted using the SII XBRL taxonomy.

There are at least three special cases:

  1. Special cases foreseen in the ITS, particularly the resubmission of the S.30.01, S.30.02, S.30.03 and S.30.04. If reinsurance strategy changes materially after that date or if the renovation of the reinsurance contracts are performed later than the reporting date and before next 1 January, the information on this template shall be re-submitted when adequate.
  2. Special cases not foreseen in the ITS, following the general approach of article 35 of the Solvency II Directive. In this scenario an undertakings may be requested by National Competent Authority to provide particular ad hoc reports with a particular set of tables/cells.
  3. Empty submissions, potentially requested by a National Competent Authority due to a merger of companies or other extraordinary cases.

ONLY undertaking affected by the affected by the above special cases should use the 'special case' versions of the EIOPA SII taxonomy, further instructions may be provided by the relevant NCAs as explained in this document.

UNDERTAKINGS THAT ARE NOT AFFECTED BY THESE SPECIAL CASES SHOULD CONTINUE TO USE THE TAXONOMIES PUBLISHED ON THE ABOVE SECTIONS FOR 2.0.1 and 2.1.0 versions.

​ECB add-ons ​

To cover the data requirements of the ECB Regulation on statistical reporting requirements for Insurance Corporations (solo), a limited set of ECB add-ons are integrated in the EIOPA´s Data Point Model and Taxonomy for the 2.0.1​. The application of these add-ons will be decided on national level.  Purely for information purposes, the ECB has published unofficial reporting templates including ECB add-ons. The templates consist of (i) those quantitative reporting templates contained in the draft Implementing Technical Standards for which there are ECB add-ons and (ii) newly introduced templates for statistical purposes.