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CEIOPS issued its further advice on Pillar I issues on the Solvency II project. Generally, the advice in this paper may be seen as an extension to the previous answers providing further detail on specific issues or offering greater clarity where CEIOPS had not yet provided a definitive recommendation.
However, there are several areas where CEIOPS has decided to amend its previous advice in light of the results of QIS1 and 2. In each case, the amendment is clearly indicated and an explanation given as to why deviation from the previous advice is considered necessary.
Broad timetable:
Further advice
Analysis of the comments received
General Remarks
Remarks to Sections 1 and 2
Remarks to Sections 3 and 4
Remarks to Section 5
Remarks to Section 6
Remarks to Sections 7 and 8
Remarks to Sections 9 and 10
Remarks to Annex A