Reporting formats: DPM, XBRL and Validations

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Please subscribe to this RSS feed to receive updates when the content of this page is updated. 


 

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.

Calls for comments

Call for comments on EIOPA's Explanatory Notes on Variation Analysis Templates

EIOPA calls for comments on the explanatory notes of the Variation Analysis Templates (referred to as S.29.01 to S.29.04) identified as a specific reporting area that requires additional clarifications.

The Variation Analysis Templates are part of the regular reporting process and defined in the European Commission's reporting Implementing Technical Standard (ITS). The reporting ITS includes the reporting items (Annex 1 of the ITS) and instructions (Annex 2 and 3 of the ITS) aiming to support stakeholders in the identification of the reporting items but also to ensure the consistency and comparability of the items reported.

The explanatory notes developed by EIOPA provide more granular explanations of the templates and reporting items, examples of reporting, particularly directed to non-life insurance undertakings, frequently asked questions and answers. They also include potential improvements of the instructions on reporting items defined in the reporting ITS.

The package for comment includes:

With this call EIOPA involves stakeholders to comment this documentation which aims to better support the stakeholders in the submission process.

Comments should be submitted to SIIReporting@eiopa.europa.eu by close of business on Friday, 25 August 2017. EIOPA will also organise a public event addressed to industry which will take place at the beginning of September.

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

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.​


Timeline2017.png









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.

Draft amendments to Commission's ITS on Reporting and ITS on Disclosure submitted to the Commission on 17 July 2017 can be found below in section DPM and Taxonomy 2.2.0 linked as "The business package supporting Taxonomy 2.2.0." 


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 17 July 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 2.2.0
(Published 17/07/2017) 

Taxonomy Licence  

Release Notes 

DPM Dictionary and Annotated Templates workbooks

The detailed change log between 2.2.0 and 2.1.0 

The detailed change log between 2.2.0 and 2.2.0 PWD  

The DPM Documentation

The business package supporting Taxonomy 2.2.0

The List of validations (updated the 17-07-2017) and supporting syntax documentation

XBRL Taxonomy (as taxonomy package) 

XBRL Taxonomy Documentation

Filing Rules for Solvency II Reporting

XBRL Test Instance documents and assertions test cases

The DPM database

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 01-06-2017​)

Release No​tes and Hotfix release notes

The list of k​​nown​ issues​ (updated the 17-07-2017)

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 17-07-2017) 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)​

​​

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.