Solvency II regulatory reporting waivers

First published on 29 February 2024

This statement of policy sets out the PRA's approach to waiving Solvency UK regulatory reporting requirements. The statement is addressed to all Solvency UK firms and to Lloyd’s, and should be read alongside all relevant EU legislation, and the Reporting Part of the Prudential Regulation Authority (PRA) Rulebook.

The statement:

• lists the reporting covered by certain waivers and modifications by consents; and
• explains the steps a firm must take to apply for waivers and modification by consents, and how the decision will be communicated to the firm.  

Current version

• Statement of policy – Solvency II regulatory reporting waivers statement – November 2024 (PDF)

- Following PS15/24 – Solvency II: Restatement of assimilated law

Past version

Published on 4 June 2024. Effective from 31 December 2024 (superseded on 15 November 2024 by November 2024 version).

• Statement of policy – Solvency II regulatory reporting waivers statement – June 2024 (PDF)

- Following PS3/24 – Review of Solvency II: Reporting and disclosure phase 2 near-final

First publication of SS.