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Malaysian Business Reporting System (MRS)SSM TAXONOMY ARCHITECTURE 2017Version 1.0Preface SSM Taxonomy Architecture has been prepared as a technical, supporting guide for users of SSM Taxonomy 2017.
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01
Understand the purpose of Solvency II Taxonomy Technical.
02
Ensure you have the necessary information and documents needed to fill out the taxonomy.
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Carefully review the taxonomy guidelines and instructions provided by the regulatory authorities.
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Accurately input the required data in the designated fields of the taxonomy.
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Submit the filled out taxonomy according to the specified deadline.

Who needs solvency ii taxonomy technical?

01
Insurance companies operating within the European Union are required to comply with Solvency II regulations, which includes filling out Solvency II Taxonomy Technical.
02
Regulatory authorities use the data collected through the taxonomy to assess the financial stability and risk profile of insurance companies.
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Solvency II Taxonomy Technical is a standardized language and classification system used for reporting financial and risk data by insurance and reinsurance companies.
Insurance and reinsurance companies operating within the European Union are required to file Solvency II Taxonomy Technical.
Solvency II Taxonomy Technical can be filled out using specific reporting templates and guidelines provided by regulatory authorities.
The purpose of Solvency II Taxonomy Technical is to standardize reporting practices across insurance and reinsurance companies, ensuring consistency and comparability of financial and risk data.
Information such as financial data, risk exposures, solvency ratios, and other relevant metrics must be reported on Solvency II Taxonomy Technical.
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