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Europe Daily Bulletin No. 13016

8 September 2022
Contents Publication in full By article 12 / 25
ECONOMY - FINANCE - BUSINESS / Insurance
Solvency II reporting data quality is improving
Brussels, 07/09/2022 (Agence Europe)

The quality of Solvency II reporting data is improving over the years, the European Insurance and Occupational Pensions Authority (EIOPA) said in a report published on Tuesday 6 September.

EIOPA received over 130,000 individual and granular submissions between 2016 and 2020 for Solvency II reporting. The quality benchmark for annual solo reporting has increased from 82% in 2016 to 94% in 2020.

The report shows that automated data quality processing solutions and advanced analytic tools, as...

Contents

SECTORAL POLICIES
ENERGY: European Commission’s package of proposals to tackle rising energy prices takes shape
MIGRATION: European Parliament and Council of the EU formalise commitment to adopt ‘Pact on Migration and Asylum’ texts by February 2024
TRANSPORT: greenhouse gas emissions from heavy-duty vehicles in EU have been rising steadily since 2014
ANIMAL HEALTH: EFSA publishes opinions on how to improve farm animal welfare
INTERNAL MARKET: trade unions concerned about forthcoming proposal for single market emergency instrument
ENVIRONMENT: ‘imported deforestation’ regulation - timber industry warns MEPs of unworkable due diligence system
SOCIAL AFFAIRS - EMPLOYMENT
SOCIAL: long-term care and early childhood, Commission wants to enhance role of carers and relieve women
Russian invasion of Ukraine
ECONOMY: European Commission proposes a new €5 billion macrofinancial assistance package for Ukraine
RUSSIA: Russia imposes additional targeted sanctions on European officials
ECONOMY - FINANCE - BUSINESS
EUROGROUP: macroeconomic situation, ESM leadership and digital euro on ministerial agenda
ECOFIN: macrofinancial assistance to Ukraine, economic impact in EU of Russian invasion and reform of European fiscal rules on ministerial agenda
INSURANCE: Solvency II reporting data quality is improving
TAXATION: Italian lawyer denounces unequal treatment of tax judges
EXTERNAL ACTION
GEORGIA: EU calls on Tbilisi to make progress on reforms
QATAR: Charles Michel calls for stronger relations
UZBEKISTAN: Josep Borrell reminds Foreign Minister Vladimir Norov of importance of consulting stakeholders when changing constitution
CAPE-VERDE: EU and Cape Verdean authorities inaugurate modernised port on the island of Maio
COURT OF JUSTICE OF THE EU
MIGRATION: Court clarifies conditions for claiming long-term resident status in EU
EDUCATION: CJEU rules obligation to teach higher education exclusively in official language of Member State compatible with EU law
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
CITIZENSHIP: European Commission registers ECI on renewable energy and rural heritage
NEWS BRIEFS
EUROPEAN COMMISSION: two new directors appointed to Joint Research Centre
HUMAN RIGHTS: European Parliament’s EPP group nominates Volodymyr Zelensky for Sakharov Prize 2022
ENVIRONMENT: this summer, forest fires in Europe generated highest level of pollution emissions in 15 years, according to Copernicus
SPACE: Eurospace publishes paper to mitigate inflationary effects on European space industry
HEALTH: European Commission orders 170,920 additional doses of monkeypox vaccine