Effortless FICOD Reporting in XBRL
For over 20 years, Financial Conglomerates (FICOD) have faced stringent regulatory demands. With the European Commission’s publication of EU 2022/2454, supervisory reporting of risk concentration and intra-group transactions has been harmonized, setting the stage for XBRL reporting.
From Complexity to Confidence
Aguilonius provides a solution that shifts your focus from navigating intricate regulations to confidently submitting compliant reports. Our tool allows you to manage FICOD reporting tables, enter data, and validate it against all necessary requirements with ease.
Achieving Compliance and Efficiency
Instead of grappling with the complexities of FICOD reporting, you can rely on our tool to ensure your data meets business rules and technical standards. This means you can submit your reports accurately and on time, reducing the stress and potential for errors.
Why Businesses Rely on Aguilonius for FICOD Reporting
- Clarity and Confidence: Navigate FICOD reporting with ease, knowing your data is accurate and compliant.
- Efficient Workflow: Streamline your reporting process, focusing on data quality rather than technical details.
- Reliable Submissions: Trust that your reports will meet all regulatory standards and deadlines.
Important Considerations
EIOPA emphasizes that FICOD templates should be handled separately from Solvency II counterparts. Financial Conglomerates templates require additional reporting scenarios, including the possibility of semi-annual reporting. Each National Competent Authority may also require a subset of templates at infra-annual entry points.
Master FICOD Reporting Today
Are you ready to achieve seamless FICOD reporting in XBRL? Contact us now to learn how Aguilonius can help you take control and ensure compliance with ease. Let’s get started!