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Supervisory reporting - DPM and XBRLDPM methodology and XBRL are the standard forreporting data submission between EIOPA and nationalcompetent authorities
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EIOPA implemented the DPM methodology and the XBRL as the standard forreporting data submission between EIOPA and national competent authoritiesfollowing a decision of the Board of Supervisors on Collection of Information byEIOPA and a decision of the Board of Supervisors on the reporting of the pan-European Personal Pension Product key information document.
The data point model (DPM)A structured representation of the data, identifying all the business concepts and
their relations, as well as validation rules. The data point model (DPM)implements the uniform and consistent definitions included in the implementingtechnical standards (ITS), guidelines and Board of Supervisors decisions onreporting and disclosure. It is composed of the annotated templates for the PEPPPR, Solvency II and for the pension funds with the common DPM dictionary.
The XBRL taxonomies and related artefactsImplementing the technical data requirements and validation rules described bythe data point model in the technical format of XBRL. The XBRL standard andsoftware solutions are implemented by external parties (XBRL International andsoftware vendors) to provide the software solutions to meet the definedrequirements.
The list of validationsContains the list of validations of PEPP PR, Solvency II and pension funds to befulfilled by the reports. The list is updated according to the governance oftaxonomies releases and amended following a public consultation.
The list of known issuesThe list describes issues and provides solutions to be taken into account duringthe technical implementation. Mainly corrections in relation to the DPM and XBRLtaxonomies.
XBRL Taxonomy ReleasesFor planning purposes of the IT implementation, please refer to The Governanceof Taxonomy Releases (currently under review), the latest time schedule for2022-2023 (updated 10/06/2022) and the Taxonomy Roadmap (updated10/06/2022). The 2.7.0 release includes the PEPP Prudential (PEPP PR) integrationfor Solvency II and Pension Funds frameworks, as well as PEPP PR standalonereporting. The 2.8.0 release will include changes only to Solvency II (including the2022 ITS amendments on reporting and disclosure), but no changes to PensionFunds nor to PEPP. The final version of 2.8.0 without validations (i.e. templatesand instructions will be final) will be published on 29 July 2022. Whereas the finalrelease of 2.8.0 with validations and modelling will be published in January 2023(Hotfix in March 2023). The 2.8.0 taxonomy will be applicable only in 2024 for
first reporting FY2023 and Q42023 and only for Solvency II (2.7.0 release willremain applicable for Pension Funds and PEPP).
EIOPA aims to continue with the approach of one taxonomy release per year toconcentrate the number of taxonomy publications to the extent possible.However, in circumstances of intense business changes or when, eventually, areleased taxonomy contains material defects, a second release may be needed.As a precautionary measure, this potential corrective release, labelled as ‘Hotfix’,is included in the yearly schedule to aid planning.
The PEPP Data Point Models and XBRL Taxonomies
Introduction:
The Taxonomy licence
The Pan-European Personal Pension Product PR release notes
DPM:
PEPP PR Data Point Model and Taxonomy 2.7.0 (Published16/07/2022)
The DPM Dictionary and Pan-European Personal Pension Product PRAnnotated Templates
The Detailed change log between the 2.7.0_and 2.7.0_PWD2
The DPM documentation
Validations:
The PEPP PR List of validations
The Validation syntax
Taxonomy:
The PEPP PR XBRL taxonomy, The PEPP PR XBRL taxonomy with externalfiles, PEPP PR XBRL instance examples
The XBRL taxonomy documentation
The XBRL Filing Rules
The PEPP PR DPM database
The EIOPA Unified DPM database with Solvency II, Pension Funds and PEPPPrudential
The EIOPA Unified XBRL taxonomy with Solvency II, Pension Funds andPEPP Prudential with external files, the EIOPA Unified XBRL taxonomy withSolvency II, Pension Funds and PEPP Prudential
Instructions:
The Technical instructions for EIOPA Pan-European Personal PensionProduct Prudential reporting
Taxonomy licence
KID PEPP Data Point Model and Taxonomy 2.6.1 (Published6/8/2021)
PEPP KID release notes
DPM:
DPM Dictionary and PEPP KID Annotated Templates
DPM documentation
Validations:
PEPP KID List of validations
Validation syntax
Taxonomy:
PEPP KID XBRL taxonomy
PEPP KID XBRL taxonomy with external files
PEPP KID XBRL instance examples
Pension funds XBRL assertion test (updated on 10/12/2021)
XBRL taxonomy documentation
XBRL Filing Rules
PEPP KID DPM database
Instructions:
Technical instructions for KID PEPP Data Point Model and Taxonomy 2.6.1
Solvency II Data Point Models and XBRL Taxonomies
Introduction:
PWD2 Insurance Data Point Model and Taxonomy 2.8.0(Published 01/06/2022)
Taxonomy licence
Solvency 2 release notes
DPM:
DPM Dictionary and Solvency 2 Annotated Templates
The Detailed change log between the 2.8.0_PWD2_and 2.6.0_hotfix
The Detailed change log between the 2.8.0_PWD2_and 2.7.0_PWD2
The Detailed change log between the 2.8.0_PWD2_and 2.8.0_PWD1
DPM documentation
Validations:
List of identical data points
Taxonomy:
The Solvency 2 XBRL taxonomy
The Solvency 2 XBRL taxonomy with external files
The Solvency 2 XBRL instance examples
The XBRL taxonomy documentation
The XBRL Filing Rules
The Solvency 2 DPM database
Instructions:
The Business package
Technical instructions providing information on PEPP integrated reporting:
The Technical instructions for EIOPA Solvency II reporting using the XBRLtaxonomy
Introduction:
The Taxonomy licence
The Solvency 2 Release notes
DPM:
The DPM Dictionary and Solvency 2 Annotated Templates workbooks
The Detailed change log between the 2.7.0_and 2.6.0_hotfix
The Detailed change log between the 2.7.0_and 2.7.0_PWD2
The DPM documentation
Validations:
Insurance Data Point Model and Taxonomy 2.7.0 (Published16/07/2022)
The Solvency II List of validations
The Validation syntax
Taxonomy:
The Solvency II XBRL taxonomy, the Solvency II XBRL taxonomy withexternal files, the
Solvency II XBRL instance examples
The XBRL taxonomy documentation
The XBRL Filing Rules
The Solvency II DPM database
The EIOPA Unified DPM database with Solvency II, Pension Funds and PEPPPrudential
The EIOPA Unified XBRL taxonomy with Solvency II, Pension Funds andPEPP Prudential with external files, the EIOPA Unified XBRL taxonomy withSolvency II, Pension Funds and PEPP Prudential
Technical instructions providing information on PEPP integrated reporting:
The Technical instructions for EIOPA Solvency II reporting using the XBRLtaxonomy
Announcement (11/08/2021): EIOPA has published a list of deactivatedvalidations
Insurance Data Point Model and Taxonomy 2.6.0 (Published15/07/2021) (deactivation of validations updated on20/06/2022) (Hotfix by 03/11/2021)
Taxonomy licence
Solvency 2 release notes (updated on 03/11/2021)
DPM:
DPM Dictionary and Solvency 2 Annotated Templates
Detailed change log between the 2.6.0 and 2.5.0 Hotfix
Detailed change log between the 2.6.0 and 2.6.0 PWD
DPM documentation
Validations:
Solvency 2 List of validations (updated on 20/06/2022)
Validation syntax
Taxonomy:
Solvency 2 XBRL taxonomy (updated on 03/11/2021)
Solvency 2 XBRL taxonomy with external files (updated on 03/11/2021)
Solvency 2 XBRL instance examples
Solvency 2 XBRL assertion test (updated on 10/12/2021)
XBRL taxonomy documentation
XBRL Filing Rules
Solvency 2 DPM database (updated on 03/11/2021)
EIOPA Unified DPM database with Solvency 2 and Pension Funds (updatedon 03/11/2021)
Introduction:
Taxonomy licence
Solvency 2 release notes (updated on 3/11/2020)
List of Known issues for EIOPA taxonomies (updated on 7/05/2021)
DPM:
DPM Dictionary and Solvency 2 Annotated Templates workbooks
Detailed change log between the 2.5.0_and 2.4.0_Hotfix
Detailed change log between the 2.5.0 and 2.5.0_PWD
DPM documentation
Validations:
Solvency 2 List of validations (updated on 7/05/2021)
Validation syntax
Taxonomy:
Solvency 2 XBRL taxonomy (updated on 3/11/2020)
Insurance Data Point Model and Taxonomy 2.5.0 (Published15/7/2020) (hotfix by 3/11/2020) (deactivations of validationsby 11/08/2021)
Solvency 2 XBRL taxonomy with external files (updated on 3/11/2020)
Solvency 2 XBRL instance examples (updated on 18/11/2020)
Solvency 2 XBRL assertion test (updated on 18/11/2020)
XBRL taxonomy documentation
XBRL Filing Rules
Solvency 2 DPM database (updated on 3/11/2020)
EIOPA Unified DPM database with Solvency 2 and Pension Funds (updatedby 3/11/2020)
Announcement (03/04/2020): 2.4.0 Taxonomy Technical specifications forEIOPA recommendations on supervisory flexibility regarding the deadlineof supervisory reporting and public disclosure – Coronavirus COVID-19
Introduction:
Taxonomy licence
Solvency 2 release notes (updated 04/11/2019)
List of Known issues for EIOPA taxonomies (updated 28/04/2020)
DPM:
Insurance Data Point Model and Taxonomy 2.4.0 (Published15/07/2019, hotfix of non-working validations updated by4/11/2019)
DPM Dictionary and Solvency 2 Annotated Templates workbooks
Detailed change log between the 2.4.0 and 2.3.0 hotfix
Detailed change log between the 2.4.0 and 2.4.0 PWD
DPM documentation
Validations:
Solvency 2 List of validations (updated 15/07/2020)
Validation syntax
Taxonomy:
Solvency 2 XBRL taxonomy (updated 04/11/2019), the Solvency 2 XBRLtaxonomy with external files (updated 04/11/2019), the Solvency 2 XBRLinstance examples and Solvency 2 XBRL assertions tests (updated08/11/2019)
XBRL taxonomy documentation
XBRL Filing Rules
Solvency 2 DPM database (updated 13/12/2019)
EIOPA Unified DPM database with Solvency 2 and Pension Funds (updated13/12/2019)
Instructions:
Solvency 2 Business package supporting the changes
Introduction:
Taxonomy licence
Solvency 2 release notes
List of Known issues for EIOPA taxonomies (updated 11/02/2020)
DPM:
DPM Dictionary and Solvency 2 Annotated Templates workbooks
Detailed change log between the 2.3.0 hotfix and 2.3.0
Detailed change log between the 2.3.0 hotfix and 2.2.0 hotfix
DPM documentation
Validations:
Solvency 2 List of validations (updated 03/04/2020)
Validation syntax
Taxonomy:
Solvency 2 XBRL taxonomy,
Solvency 2 XBRL instance examples
Solvency 2 XBRL assertions tests (updated 20/11/2018)
Data Point Model and Taxonomy 2.3.0 Hotfix (Published17/07/2018, hotfix update by 05/11/2018)
XBRL taxonomy documentation
XBRL Filing Rules
Solvency 2 DPM database (updated 12/12/2018)
EIOPA Unified DPM database with Solvency 2 and Pension Funds (updated12/12/2018)
Instructions:
Solvency 2 Business package supporting the changes
The Pension Funds Data Point Models and XBRL Taxonomies
Introduction:
The Taxonomy licence
The Pension Funds release notes
DPM:
The DPM Dictionary and Pension Funds Annotated Templates workbooks
The Detailed change log between the 2.7.0_ and 2.6.0_hotfix
The Detailed change log between the 2.7.0_ and 2.7.0_PWD2
The DPM documentation
Validations:
The Pension Funds List of validations
The Validation syntax
Pension Data Point Model and Taxonomy 2.7.0 (Published16/07/2022)
Taxonomy:
The Pension Funds XBRL taxonomy, the Pension Funds XBRL taxonomywith external files,
Pension Funds XBRL instance examples
The XBRL taxonomy documentation
The XBRL Filing Rules
The Pension Funds DPM database
The EIOPA Unified DPM database with Solvency II, Pension Funds and PEPPPrudential The EIOPA Unified XBRL taxonomy with Solvency II, PensionFunds and PEPP Prudential with external files, the EIOPA Unified XBRLtaxonomy with Solvency II, Pension Funds and PEPP Prudential
Instructions:
The Technical instructions for EIOPA and ECB Pension Funds withintegrated PEPP prudential reporting using the XBRL taxonomy
Announcement (11/08/2021): EIOPA has published a list of deactivatedvalidations
Taxonomy licence
Pension Funds release notes (updated on 03/11/2021)
DPM:
Pension Funds Data Point Model and Taxonomy 2.6.0(Published 15/7/2021) (deactivation of validations updated on11/08/2021) (Hotfix by 03/11/2021)
DPM Dictionary and Pension Funds Annotated Templates
Detailed change log between Pension Funds II 2.6.0 and 2.5.0 Hotfix
Detailed change log between Pension Funds II 2.6.0 and 2.6.0 PWD
DPM documentation
Validations:
Pension funds List of validations (updated on 03/11/2021)
Validation syntax
Taxonomy:
Pension Funds XBRL taxonomy (updated on 03/11/2021)
Pension Funds XBRL taxonomy with external files (updated on 03/11/2021)
Pension Funds XBRL instance examples
XBRL taxonomy documentation
XBRL Filing Rules
Pension Funds DPM database (updated on 03/11/2021)
EIOPA Unified DPM database with Solvency 2 and Pension Funds (updatedon 03/11/2021)
Instructions:
Technical instructions for EIOPA and ECB Pension Funds reporting usingthe XBRL taxonomy
Taxonomy licence
Pension Funds release notes (updated on 3/11/2020)
List of Known issues for EIOPA taxonomies (updated on 7/05/2021)
DPM:
DPM Dictionary and Pension Funds Annotated Templates workbooks
Detailed change log between Pension Funds II 2.5.0 and 2.3.0 Hotfix
Detailed change log between Pension Funds II 2.5.0 and 2.5.0 PWD
DPM documentation
Validations:
Pension funds List of validations (updated on 7/05/2021)
Validation syntax
Taxonomy:
Pension Funds XBRL taxonomy (updated on 3/11/2020)
Pension Funds Data Point Model and Taxonomy 2.5.0 (Published 15/7/2020) (hotfix by 3/11/2020)
Pension Funds XBRL taxonomy with external files (updated on 3/11/2020)
Pension Funds XBRL instance examples (updated by 18/11/2020)
Pension Funds XBRL assertion test (updated on 18/11/2020)
XBRL taxonomy documentation
XBRL Filing Rules
Pension Funds DPM database (updated on 3/11/2020)
EIOPA Unified DPM database with Solvency 2 and Pension Funds (updatedby 3/11/2020)
Instructions:
Technical instructions for EIOPA and ECB Pension Funds reporting usingthe XBRL taxonomy
Taxonomy licence
Pension Funds release notes
List of Known issues for EIOPA taxonomies (updated 28/04/2020)
Pension Funds Data Point Model and Taxonomy 2.3.0(Published 5/11/2018
DPM:
DPM Dictionary and Pension Funds Annotated Templates workbooks
Detailed change log between Pension Funds II 2.3.0 and 2.3.0 PWD2
DPM documentation
Validations:
Pension funds List of validations (updated 15/07/2020)
Validation syntax
Taxonomy:
Pension Funds XBRL taxonomy
Pension Funds XBRL instance examples
Pension Funds XBRL assertions tests (updated 20/11/2018)
XBRL taxonomy documentation
XBRL Filing Rules
Pension Funds DPM database (updated 12/12/2018)
EIOPA Unified DPM database with Solvency 2 and Pension Funds (updated13/12/2019)
Instructions:
Technical instructions for EIOPA and ECB Pension Funds reporting usingthe XBRL taxonomy
Supervisory Reporting and Public Disclosure requirementsReporting requirements under Solvency II DirectiveThe supervisory reporting requirements applicable to all undertakings subject toSolvency II Directive are defined in:
Implementing Technical Standards on Reporting (include Reporting Templates and Instructions)Amendment to the Implementing Technical Standard on Reporting (2016)Amendment to the Implementing Technical Standard on Reporting (2017)Amendment to the Implementing Technical Standard on Reporting (2018)Amendment to the Implementing Technical Standard on Reporting (2019)Consolidated version, including amendments of Commission Implementing Regulations (EU)2016/1868 of 20 October 2016, (EU) 2017/2189 of 24 November 2017, (EU) 2018/1844 of 23November 2018 and (EU) 2019/2103 of 27 November 2019 Explanatory notes on reporting templates Variation Analysis templates
Reporting requirements for IORPsDecision on IORPS reporting
Reporting requirements for PEPPImplementing Technical Standards on Reporting for PEPP (Pan-European Pensions Product)
Public Disclosure requirements under Solvency II DirectiveThe following public disclosure requirements are applicable to all undertakingssubject to Solvency II Directive:
Implementing Technical Standards on Disclosure (include the Public Disclosure Templates andInstructions)Amendment to the Implementing Technical Standard on Public Disclosure (2017)Amendment to the Implementing Technical Standard on Public Disclosure (2018)Amendment to the Implementing Technical Standard on Public Disclosure (2019)
Reporting requirements for the purposes of financial stabilityTheGuidelines on Financial Stability Reporting define the reporting requirementsfor financial stability purposes and apply to individual insurance and reinsuranceundertakings, insurance third country branches and participating insurance andreinsurance undertakings, insurance holding companies or mixed financialholding companies.
Requirements applicable to branches from undertakings with headoffices outside the European UnionThe purpose of theGuidelines on the supervision of branches of third-countryinsurance undertakings is to ensure a consistent, efficient and effectiveprotection of policyholders within the European Union. The Guidelines on ThirdCountry Branches in particular aim to ensure, as a minimum, the same level ofprotection of policyholders of a branch of a third country insurance undertakingas that they enjoy when they are dealing with an insurance undertaking situatedin the European Union whether in its home Member State or through a branchunder Solvency II Directive. These Guidelines include supervisory reportingrequirements applicable to all branches from undertakings with head-officesoutside the European Union subject to Solvency II Directive.
In order to minimise the reporting burden on the insurance industry, the ECBRegulation allows the national central banks to derive the necessary statisticalinformation, to the extent possible, from data reported for supervisory purposesunder the EU's Solvency II framework. The "Unofficial reporting templatesincluding ECB add-ons" and instructions for ECB add-ons are called "unofficial andhighlight the information that needs to be provided for statistical purposes overand above the supervisory requirements ("ECB add-ons"). These unofficialreporting templates are purely for illustrative purposes and are not subject tomandatory reporting across all Member States of the European Union. Thetemplates are called "unofficial" to distinguish them from the reporting templatesof the ECB Implementing Regulation. More information can be found on thewebsite of the European Central Bank.
Reporting under Solvency II Directive applicable to all vehicles subjectto Solvency II DirectiveThe Implementing Technical Standards on Special Purpose Vehicles defines thatspecial purpose vehicles have to submit supervisory reporting to nationalcompetent authorities on an annual basis. These supervisory reportingrequirements should enable the supervisory authorities of the special purposevehicles to assess continued compliance with the relevant requirements.
Common Minimum Standards for Revisions of Reported dataGiven the integrated reporting approach followed for supervisory and statisticalreporting to EIOPA and the ECB, a common understanding of the minimum levelof data quality is required as well as of when a revision of data is considerednecessary.
While information reported should be of good quality at the time of its firstsubmission, at a later stage revisions may be needed upon request by theEuropean or national authorities or upon financial institutions' own initiative.
Therefore, the European Insurance and Occupational Pensions Authority (EIOPA)and the European Central Bank (ECB) published Common Minimum Standards forData Revisions agreed between the ECB, EIOPA, the National Central Banks(NCBs) and the National Competent Authorities (NCAs).
Legal Entity Identifier (LEI)
The Legal Entity Identifier is a unique identification code proposed by theFinancial Stability Board (FSB) and endorsed by G20 in 2012, aimed at achievinga unique, worldwide identification of legal entities participating in financialtransactions.
In December 2021 EIOPA revised the Guidelines on Legal Entity Identifier tofacilitate and further promote the use of LEI as unique identification code for legalentities. The guidelines harmonise the identification of legal entities ensuringhigh quality, reliable and comparable data.
The legal entities impacted by the guidelines are insurance and reinsuranceundertakings and relevant branches, as well as Institutions for OccupationalRetirement Provision (IORPs) which meet specific conditions and intermediariesoperating cross-border.
The revised guidelines also analyse the use of the LEI code for identificationpurposes when competent authorities provide information to EIOPA.
Find out more about the Revised Guidelines on Legal Entity Identifier
To contact us for support please use one of the below options:
Questions regarding supervisory reporting or public disclosure requirements should beaddressed with theSubmit a Q&A pageQuestions regarding DPM and XBRL technical questions please contact [email protected] the Taxonomy Release of the DPM-XBRL implementation issueQuestions regarding the business validations (BV) and technical validations (TV) please [email protected]
LAST UPDATED ON:18 Jul 2022
