EFAMA updates its tripartite report Solvency II for asset managers has been stored CACEIS collects inventories on the basis of tailor-made NDA agreements: the European Fund and Asset Management Association (EFAMA) published in May 2018, together with other European fund associations, version 4.0 of the template (“TPT”). EFAMA`s tripartite presentation focuses on solvency II reporting for asset managers to facilitate data exchange with insurance/reinsurance undertakings. It contains more than 140 fields necessary for the calculation of solvency capital requirements and the supervisory information contained in Pillars I and III of the Solvency II Framework. The TPT 4.0 can be requested from 30.06.2018 and contains the following changes: Club Ampere Verband had worked for a standard exchange format focused on solvency 2 continuous needs. This format has been approved by the AFG, BVI and IMA associations and has therefore been qualified as a tripartite format or TPT format. Since then, it has been approved by many European fund associations and by EFAMA. TPT 4.0 can continue to be used until 30 June 2020 inclusive. TPT 5.0 is live from March 31, 2020. The basic service is provided free of charge.
It allows: On January 16, 2020, Financial Data Exchange Templates (FinDatEx) released a new version of the Solvency II (“TPT”) tripartite model. Any exchange of data shall be covered by at least one contractual relationship guaranteeing the other the quality, security and trust expected for the exchange of such data. FinDatEx is a common structure set up by representatives* of the European financial services industry to coordinate, organise and implement standardisation work to facilitate the exchange of data between stakeholders under EU financial market legislation, such as MiFID II, PRIIPs and Solvency II. – Compliance with your SCR reporting and calculation requirements In addition, TPT 5.0 is used for regulatory reporting purposes. Regulation (EU) 2018/231 on statistical reporting requirements of pension funds (ECB/2018/2), published in 2018, provides for national central banks (NCBs) to collect statistical data from pension schemes on their assets and liabilities, including the review of collective investment funds. The II-TPT V5 solvency report will now contain new columns to implement the SIOPA/ECB reports on European pension schemes. Xavier is a partner in the advisory and advisory service and responsible for capital markets practices in Luxembourg. As a specialist in market and credit risk, he has led various aces. Read more Partners of Jean-Philippe Peters – Risk Advisory and Regulatory Watch co-leader Tel: +352 45145 2276 email@example.com Solvency II TPT has been designed to serve as an EU-wide standardised format for fund portfolio composition.
Insurers need this information to meet their prudential requirements, such as: this also applies to asset managers who should collect look-through data for their fund of funds. The new TPT 5.0 template makes several changes to the latest TPT 4.0 version: To create the tripartite file, we offer a very simple organization model. Marijana Vuksic Manager – Strategy, Regulatory & Corporate Finance Tel: +352 45145 2311 firstname.lastname@example.org – meet your look-through requirements by providing the database of your assets containing reliable and verified data of participants (who are not customers) and you can stop using the platform at any time. You can ask us to delete your account at any time.. . .