AxiomSL Informational Breakfast – ‘Regulatory Reporting Trends in the Insurance Sector: A Belgium Focus’

When: October 16, 2014
Where: Brussels, Belgium

AxiomSL regularly hosts various topical informational breakfasts for a range of industry leaders. Ideally located across the hearts of several worldwide financial centres, each breakfast focuses on country and industry specific reporting requirements and associated implications for the full spectrum of industries, firms, teams and individuals affected.

Regulatory reporting trends in the insurance sector: A Belgium focus

Financial institutions are responsible for filing more than 60 different reports by 2015, many of which present significant challenges based on the range of sources, size and data requirements for each of the differing reports. These reporting requirements are far more complex in comparison to the previous directive, Solvency I, and aim to harmonize EU insurance regulation and reduce the likelihood of insolvency.

Breakfast focus

This breakfast focuses on key trends in the Belgian insurance sector, with the aim of highlighting the consequences of the new reporting framework in Belgium, the trends and challenges between regulators and regulated structures and the technological challenges firms are facing or expect to face.

Specifically, this breakfast will explore:

  • Solvency II compliance from 2016
  • Flashing light provisions
  • Twin peaks structure
  • Supervisory framework (by NBB/FSMA)
  • Pillar I (technical provisions)
  • Pillar II (ORSA/FLAOR)
  • Pillar III (threshold for reporting, QRT, RTS, TRM, etc.)

For more information about this event, or to discuss any of the issues proposed in the above agenda, please contact: