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EIOPA, PRA and FCA regulatory reporting and disclosure requirements



EIOPA published recommendations, on 20 March 2020, addressed to the EU insurance sector on supervisory flexibility regarding the deadline for the supervision and publication of insurers, in the light of the covid-19 pandemic. In view of these recommendations, on 23 March 2020, the PRA published a statement amending the covid-19 legislation for insurance companies in the United Kingdom. It published a list of accepted delays related to harmonized reporting under the Solvency II Directive (2009/138 / EC) and PRA-owned reporting. The Swedish Competition Authority has also issued a statement on 21

March 2020 urging all listed companies to comply with a moratorium on the publication of preliminary financial statements for at least two weeks. This was followed by a joint statement, on 26 March 2020, by the FCA, FRC and PRA confirming that the moratorium could end on 5 April 2020 and an announcement giving listed companies an additional two months to publish their audited annual reports.


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