IT orienteringsmøde Solvens II indberetninger. 21. Juni 2012

Transkript

1 IT orienteringsmøde Solvens II indberetninger 21. Juni 2012

2 Dagsorden Velkommen Den nye indberetningsportal Nye indberetningsformater Support til indberettere Test og pilotbrugere Tidsplan Afslutning 2

3 FIONA UPDATE NB Banks FT ESA PF Invest 3

4 GOALS Story so far REPORTS ESRB Common Report EIOPA NSA Converge Compare Cost-effective Cut-down paperwork 4

5 Differences! REPORTING LEGAL IT SOLUTION REPORT ITEMS CLASSIFICATION 5

6 Data Point Model BUSINESS CONCEPT BREAKDOWN OF EVERY INFORMATION IN TEMPLATE Base item Dimension DOMAIN Currency Categories of Assets BREAKDOWN EU Assets Counterparty sector Original Maturity Currency ALL POSSIBLE VALUES FOR A DIMENSION Non- EU All/Not Applicable 6

7 XBRL DPM XBRL Taxonomy Taxonomy schema Ressource network XBRL Instance References to taxonomy schemas & or linkbases Concept1 ID Context Concept2 ID Context Concept3 ID Unit Relation network ID ID Fact Fact Fact Footnotes 7

8 Benefits Interactive data Software tools & IT systems Compare, analyze, create multiple reports Taxonomy Instance Titel Other Reports Titel Analysis report Business Report Instant info sharing Titel Report comparison 8

9 DN- FT A symbiosis FT Supporting IT system & technology Receive reports in XBRL formats Reporting system know-how Goal to provide upto date technology DN 9

10 Conclusion Timeline 10

11 Reporting options Reports using templates FIONA ONLINE XBRL instance WEB SERVICE 11

12 Access to FIONA Website Browse to the online website Authentication Login to the extranet NEXT platform using NEM-id Reporting Submit your report using the required template 12

13 Authentication modes NEM ID SMS DIGITAL CERTIFICATE 13

14 FIONA Online SEND CONVERT TEMPLATE REPORT FIONA ONLINE INSTANCE VALIDATE TO EIOPA DN & FT DATABASE STORE FUJITSU XBRL Processor 14

15 Template generator FIONA ONLINE BOP BOPIND BOP2 ESGIL IFM IFM1 IFM2 DPM COREP/ FINREP/ SOLVENS 15

16 XBRL Reporting Service Registry Internet Reporter s server Web Service FIONA s server 16

17 Feedback system REQUEST REPLY FIONA ONLINE/ WEB SERVICE REPORTERS User validation Master data validation MESSAGE FEEDBACK SYSTEM XBRL validation Control systems validation (e.g.. MARKOS) 17

18 Template or XBRL Reporting? Software for preparing & validating XBRL XBRL ready? No IT system aligned to prepare reports using templates Yes Use Web service or Manual upload No IT tools ready? Yes Use FIONA Online 18

19 Afhængighed af XBRL taksonomi og DPM Det nye fælles indberetningssystem er helt afhængigt af de Solvens II XBRL taksonomier og Data Point Modeller, som leveres af EIOPA. Uden disse moduler vil der ikke kunne indberettes. Finanstilsynet vil ikke foretage ændringer i XBRL taksonomier, men udstille den fra EIOPA modtagne taksonomi 1:1 overfor indberettere. Dette medfører at eventuelle yderligere indberetningskrav vil foregå på særlige skemaer. 19

20 XBRL taxonomy development Objective: To develop a stable XBRL taxonomy based on the final reporting templates so that undertakings are able to submit valid data in a harmonised format to the National Supervisory Authorities. Timetable / Milestones Progress DPM advisor selected Stable templates approved Stable taxonomy published Achieved: Work carried out by the Taxonomy Taskforce (lead: Eric Jarry) Contract with BR-AG to support the Data Point Modelling process Kick-off meeting with BR-AG Meeting between BR-AG and IGSRR SG3 3/2012 6/2012 Q4 Conference calls between BR-AG and business template leads On-site, technical workshops with BR-AG on 24/5 and 25/5, including a session with Business and IT Subgroups Risks / Late deliverables / Challenges Dependencies on finalisation Solvency II templates (changes to deadline) Necessary feedback loops, especially regarding validation Need for a new technical consultation? Co-ordination with EBA Short time frame Ongoing: Collaboration between BR-AG and business experts To come: Input by BR-AG beginning of June Stable templates (IGSRR, IGSC, FSC, FINREQ) for the BoS in June 2012 Stable taxonomy by Q

21 Hjælpeværktøj for indberettere udviklet af EIOPA EIOPA vil udvikle et hjælpeværktøj til indberettere. Hjælpeværktøjet vil kunne generere en indberetning i korrekt XBRLformat Hjælpeværktøjet forventes tilgængeligt i efteråret

22 Reporting Tool for Undertakings Objective: To provide undertakings with a tool to easily create complete and valid XBRL instances from Solvency II harmonized quantitative reporting templates. Timetable / Milestones Progress Project setup Business requirements finalised Call for tenders launched Contract signed Achieved: Project setup Project meetings on 29/3 and 24/4 Questionnaire and draft business requirements to ITDC on 4/5 (deadline 22/5) 3/2012 7/2012 8/ /2012 Ongoing: Evaluation of answers Preparation of second draft of business requirements Risks / Late deliverables / Challenges Many open questions (see questionnaire) Short time frame Procurement procedure Unclear cost To come: Feedback to members regarding the questionnaire Second review loop for business requirements in June Approval of business requirements (ITDC, 19/7) Preparation of call for tenders Procurement procedure 22

23 Support for indberettere Teknisk support vedrørende indberetning foretages af Danmarks Nationalbank Supporten vedrørende indholdet af indberetningen foretages af Finanstilsynet 23

24 Solvens II projekt SII JAN APR JUL OKT JAN APR JUL OKT JAN APR JUL OKT JAN Endelige rapporteringsskabeloner Endelige XBRL taksonomier Testmulighed mod indberetningssystem Produktionssætning 24

25 Test og pilotbrugere Fra medio 2013 vil det være muligt at indsende indberetninger i testsystem. Nærmere oplysninger om testmuligheder vil blive givet, når vi har yderligere oplysninger om taksonomier. Det vil være et krav, at alle indberettere afleverer en testindberetning. Test indberetningen vil omfatte et fuldt Solvens II sæt. Finanstilsynet ønsker at teste med et antal pilotbrugere. Hvis man ønsker at være pilotbruger, kan der rettes henvendelse til Per Madsen på pm@ftnet.dk Finanstilsynet/Nationalbanken er ikke nødvendigvis i besiddelse af alle nødvendige oplysninger om indberettere, hvorfor det kan blive nødvendigt at indhente yderligere oplysninger 25

26 Links Under Temaer på Alias / genvejslink: 26