Tripartite Template Version 7 announced by FinDatEx
FinDatEx has released the updated Tripartite Template (TPT) Version 7, incorporating essential revisions to align with the latest Solvency II regulatory changes and address key industry challenges. This update follows a detailed review by the TPT Working Group (TPT WG).
Key Details:
- Effective Date: 31 March 2025
- Transition Period: Q2 2025 (V6 and V7 templates can be used in parallel).
- Recommended Adoption: Full transition to TPT Version 7 by July 2025.
At Fenion, we are preparing to support our clients with this transition and ensure a smooth adoption of the updated template. The parallel period for using both V6 and V7 will begin in March 2025. Fenion clients will be able to provide their reports in both versions starting from March 2025.
TPT V7 introduces a new field for NACE version 2.1, which will become effective on 1 January 2025. In response to multiple inquiries from industry stakeholders, we would like to clarify that, the new NACE version does not bring any relevant changes to TPT V6 or the current and known upcoming EIOPA Taxonomies (2.9.0 HF & 2.8.2)
Stay connected for more updates and guidance.
