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Life after the removal of Excel-based CRD IV reporting in Portugal

by CoreFiling | May 28, 2015 | Eurofiling, Products, Prudential, Seahorse, XBRL

In June 2014, to ease the transition to its new CRD IV reporting regime, the Bank of Portugal introduced a free reporting system based upon the completion of Excel spreadsheets. Not surprisingly, very many Portuguese financial institutions took this easy way out and...

The count-down to Solvency II Pillar 3 reporting – 5

by CoreFiling | May 28, 2015 | Eurofiling, Products, Prudential, Seahorse, True North, XBRL

How do I keep up to date with XBRL taxonomy changes? The whole process of gathering relevant data and implementing an effective workflow to turn that data into valid XBRL reports is daunting enough, but the challenges do not stop there. What happens when the...

The count-down to Solvency II Pillar 3 reporting – 4

by CoreFiling | May 27, 2015 | Eurofiling, Prudential, XBRL

How do I report to my NCA? Although it remains at the discretion of the individual NCA, many regulated firms will find that they must now submit their quantitative reports in XBRL, which may be an unfamiliar format presenting a new set of challenges, particularly...

The count-down to Solvency II Pillar 3 reporting – 3

by CoreFiling | May 26, 2015 | Eurofiling, Prudential, XBRL

What do I report? As mentioned in the previous Blog Post, even firms that begin reporting during the Solvency II preparatory phase will notice a hefty increase in the number of templates they need to complete when full scope reporting arrives in January 2016....

The count-down to Solvency II reporting – 2

by CoreFiling | May 22, 2015 | Eurofiling, Prudential, XBRL

Do I need to report and when? In the second of our blog series, we examine which insurance undertakings will have to begin reporting under the preparatory phase that EIOPA has introduced as a precursor to full Solvency II reporting which finally takes effect in...

The count-down to Solvency II Pillar 3 reporting – 1

by CoreFiling | May 21, 2015 | Eurofiling, Prudential, XBRL

The insurance industry prepares Although there are still several months to go before full scope reporting begins under the new Solvency II Pillar 3 regime, the deadline for preparatory reporting is imminent for those insurance undertakings included in the first phase....
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