Insurance Europe welcomes the opportunity to provide feedback to the Commission’s roadmap on assessment of EU reporting requirements. As stressed in its response to the 2015 EC call for evidence, Insurance Europe believes that several elements of the reporting requirements in the financial sector deserve a careful reconsideration and addressing by the EC, in order to meet their main goals of effectiveness, relevance, coherence, and efficiency.

In this paper Insurance Europe highlights a number of concerns, which in its view prevent EU reporting requirements from achieving its key goals, ie effectiveness and relevance, coherence, and efficiency.