Solvency II: Central Bank of Ireland publishes QIS 5 Q&A

With the Society’s assistance, the Central Bank of Ireland held a number of QIS 5 workshops in September, to aid companies in understanding the requirements of QIS 5 and completing the associated spreadsheets.  The workshops were aimed at all professionals involved in completing QIS 5.  They tried to address issues that firms had initially encountered and identified with the technical specification and spreadsheets.

Each workshop took the form of a presentation and a discussion, led by members of the Central Bank of Ireland.  Queries were invited in advance in order to assist a considered response being available. 

The Central Bank of Ireland has now issued a Q&A document, based on discussions at the workshops, which can be found on the QIS 5 page of their website.