Appendix 1: Non-exhaustive list of EIOPA Guidelines that are complied with in the UK

Links to EIOPA Guidelines and Recommendations in place as at the end of the transition period are available below. Changes to existing EU Guidelines and Recommendations, and new Guidelines and Recommendations, issued by EIOPA after the end of the transition period are not relevant for the purposes of this SoP. The Bank and PRA acknowledge EIOPA as the source of these materials. 

Solvency II

  • Guidelines on the supervision of branches of third-country insurance undertakings
  • Guidelines on the Extension of the Recovery Period
  • Guidelines on the exchange of information within colleges
  • Guidelines on the implementation of the long-term guarantee measures
  • Guidelines on methods for determining the market shares for reporting
  • Guidelines on reporting and public disclosure
  • Guidelines on the recognition and valuation of assets and liabilities other than technical provisions
  • Guidelines on System of Governance
  • Guidelines on Own Risk Solvency Assessment
  • Guidelines on ancillary own funds
  • Guidelines on application of outwards reinsurance
  • Guidelines on the application of life underwriting risk module
  • Guidelines on basis risk
  • Guidelines on classification of own funds
  • Guidelines on contract boundaries
  • Guidelines on group solvency
  • Guidelines on health catastrophe risk sub-module
  • Guidelines on look-through approach
  • Guidelines on operational functioning of colleges 
  • Guidelines on ring-fenced funds
  • Guidelines on supervisory review process
  • Guidelines on the loss-absorbing capacity of technical provisions and deferred taxes
  • Guidelines on the methodology for equivalence assessments by national supervisory authorities under Solvency II
  • Guidelines on the treatment of market and counterparty risk exposures in the standard formula
  • Guidelines on the use of internal models
  • Guidelines on the treatment of related undertakings, including participations
  • Guidelines on undertaking-specific parameters
  • Guidelines on valuation of technical provisions