Subscribe to our newsletter

Stay up to date with acarda RegTech News

  • *Please complete all fields marked with an asterisk.

acarda Platform Demo

acarda platform

See the acarda Platform in action

We can demonstrate what the acarda platform can do using real-life scenarios in your company. If you are interested in this, let us know using this email for If you are interested in this, let us know using this email form:

  • *Please complete all fields marked with an asterisk.
 

Solvency II Tripartite Template (TPT V5) – New standard effective by end of June

The Tripartite Template (TPT) is a widely used data exchange format aiming to facilitate exchange of Solvency II relevant data point among Asset Management and Insurance companies. Until end of March 2020 the new TPT Version 5.0will be co-existing with the older Version 4.0, and will then become the new standard end of June.

TPT Version 5.0 is a step towards a stronger standardization of format. In comparison to the older version, new field are introduced in Version 5.0 to support treatment of private equity investments according to the updated Solvency II rules. Another significant extension of the format is a new classification of the fields regarding their relevance for the Swiss Solvency Test, German Nachweisung 675 and the EIORP ECB Reporting.

This novelty may be useful for those companies seeking to collect data necessary to fulfill the above mentioned regulation. Consequently, it may introduce new challenges to the service providers who will be requested to provide a better coverage of certain data items in the TPT Version 5.0.

A stronger standardization of the format requirements could also mean that deviations from the defined .csv formatting may no longer be accepted by the market.

Although the changes between the old 4.0 and the new 5.0 TPT Versions may appear rather small, they will have a significant impact on the reporting service providers.

acarda’s regulatory reporting platform arep is ready for the new TPT Version 5.0. Please contact us to learn more about our Solvency II solution and how arep can support you to fulfill the TPT 5.0 requirements.

More news…

European Commission considers to extend the exemption period of UCITS KIID following the postponement of new PRIIPs RTS

As anticipated, the European Commission published a consultation paper on 15 July 2021 requesting to extend the exemption period for the UCITS KIID until 30 June 2022.

More

CRR II: new reporting regulation from July 2021. What to consider now.

By the end of June 2021 the updated Capital Requirement Regulation (CRR II) came into force. The goal of the EU regulation is to introduce a more risk-sensitive framework for management credit risks. One of the key outcomes of CRR II will be a stricter client reporting and disclosure regime.

More

New standards for PRIIPs-KIDs as of July 01, 2022

According to information from the German Investment and Asset Management Association (BVI) dated May 21, 2021, the EU Commission plans to delay the start of PRIIPs-KIDsby six months. A package of measures, which will include not only technical adjustments to Level 2 but also a selective amendment to the Level 1 Regulation, is to be forwarded by the EU Commission to the EU Parliament and Council before the end of June 2021.

More

European Commission considers to extend the exemption period of UCITS KIID following the postponement of new PRIIPs RTS

As anticipated, the European Commission published a consultation paper on 15 July 2021 requesting to extend the exemption period for the UCITS KIID until 30 June 2022.

More

CRR II: new reporting regulation from July 2021. What to consider now.

By the end of June 2021 the updated Capital Requirement Regulation (CRR II) came into force. The goal of the EU regulation is to introduce a more risk-sensitive framework for management credit risks. One of the key outcomes of CRR II will be a stricter client reporting and disclosure regime.

More

New standards for PRIIPs-KIDs as of July 01, 2022

According to information from the German Investment and Asset Management Association (BVI) dated May 21, 2021, the EU Commission plans to delay the start of PRIIPs-KIDsby six months. A package of measures, which will include not only technical adjustments to Level 2 but also a selective amendment to the Level 1 Regulation, is to be forwarded by the EU Commission to the EU Parliament and Council before the end of June 2021.

More

ESMA updates its FAQs on AIFMD

On 28th May 2021, ESMA published an update on its FAQ on the application of the Alternative Investment Fund Managers Directive (AIFMD).
Three new questions related to Annex IV reporting were added to the document. In the Section III question number 84, 85 and 86, ESMA provided detailed explanations and examples on the reporting obligation of NET DV01, NET CS01 and NET Equity Delta of the AIF.

More

acarda adds InReg for increased European regulatory monitoring

acarda, a leading European RegTech company and part of LPA Group, has announced a coorperation with InReg, a regulatory maintenance provider that specialises in monitoring changes occurring within the regulatory updates for the asset management and life insurance sectors.

More

acarda GmbH

Eschersheimer Landstr. 14
60322 Frankfurt am Main
Germany

acarda Luxembourg

68, Avenue de la Liberté
L-1930 Luxembourg

acarda London

c/o LPA
7 Westferry Circus
Canary Wharf
London E14 4HD
United Kingdom

© 2021 acarda GmbH | Alle Rechte vorbehalten | All rights reserved
text