Solvency II TPT: Working group plans to release version 6

Solvency II TPT: Working group plans to release version 6
The FinDatEx TPT Working Group recently decided to release a revised 6th version of the Solvency II Tripartite Template. This fixes some mistakes and unclarity of version 5 and adds additional guidance for certain derivatives.

In order to facilitate the solvency capital (SCR) calculation for insurance companies, 2 fields have been added:   

  • Field 138 "Collateral Eligibility: eligibility of collateral according to the Solvency Regulation.
  • Field 139 "Collateral Market Valuation in portfolio currency": Market valuation of the collateral in portfolio currency.  

In addition, the working group has refined the description of some data points and provided additional guidance to facilitate the consistent mapping of foreign exchange forwards, foreign exchange options, interest rate swaps, credit derivative swaps and collateral.    

FinDatEx published a consultation of the proposed changes to TPT V6. Our experts at LPA will participate at the consultation and we are happy to include your comments and feedback.
The consultation ends on 21 Dec. 2021. It is expected that the final version will be published in Q1 2022.  

Please feel free to contact us at Haojin.Ba@acarda.de
Haojin Ba

Head of Regulatory and Compliance Management

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