In order to ensure uniform conditions of application of this Article, EIOPA shall develop draft implementing technical standards on the procedures for:
(a)
the approval of an internal model in accordance with Article 112; and
(b)
the approval of major changes to an internal model and changes to the policy for changing an internal model referred to in Article 115.
EIOPA shall submit those draft implementing technical standards to the Commission by 31 October 2014.
Power is conferred on the Commission to adopt the implementing technical standards referred to in the first subparagraph in accordance with Article 15 of Regulation (EU) No 1094/2010.