PensionsEurope comments to the EC on the fitness check on supervisory reporting requirements for pension funds

PensionsEurope comments to the EC on the fitness check on supervisory reporting requirements for pension funds

PensionsEurope welcomes the European Commission (EC) fitness check on supervisory reporting requirements, and we find it important that the EC continues regularly conducting them.

Pension funds’ first reporting of quarterly data on assets (for the third quarter of 2019) under the new ECB and EIOPA reporting requirements will take place in mid-December 2019. These new requirements will remarkably increase the burden and costs to pension funds, and it is important that the requirements will be fitness checked in the upcoming years. On the other hand, we find it important that the reporting templates and their taxonomy are stable, and they should not be subject to frequent change.

You can read PensionsEurope comments to the EC on the fitness check on supervisory reporting requirements for pension funds here.