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EIOPA Work Programme 2013 - EIOPA - Europa

EIOPA Work Programme 2013 - EIOPA - Europa

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Deliverables<br />

Priority Resources 4 Objective Origin of request<br />

Guidelines on external models H 0.25 FTE<br />

understanding of the<br />

requirements relating to the<br />

documentation of an internal<br />

model during the approval and<br />

the use of the model.<br />

Article 125 SII Directive.<br />

Provide guidance on what an<br />

undertaking should do when<br />

applying the standards to<br />

external models and data in the<br />

context of an internal model for<br />

the calculation of the Solvency<br />

Capital Requirement and how<br />

the supervisory authorities<br />

should assess this use.<br />

Guidelines on valuation of the Technical<br />

Provisions<br />

Guidelines on the classification of own funds<br />

40/65<br />

Article 126 SII Directive.<br />

H 0.25 FTE To facilitate convergence of<br />

professional practice across<br />

Member States and support<br />

undertakings in calculating their<br />

technical provisions for all types<br />

and sizes of undertakings. The<br />

guidelines cover data quality<br />

issues, segmentation of<br />

(re)insurance obligations,<br />

requirements on the choice of<br />

calculation methods, validation<br />

methods and an illustrative list<br />

of approaches for<br />

simplifications.<br />

Article 77 SII Directive.<br />

H 0.25 FTE Provide guidance to supervisory<br />

authorities and undertakings on<br />

how the lists of own funds items<br />

(Potentially RTS – ECON<br />

report March 2012)<br />

Omnibus II Directive<br />

(European Commission<br />

proposal January 2011)<br />

(Potentially RTS – ECON<br />

report March 2012)<br />

Own initiative<br />

Own initiative<br />

(Potentially RTS – ECON<br />

report March 2012)<br />

© <strong>EIOPA</strong> 2012

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