Question ID: 1027
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Template: S.36.01
Status: Final
Date of submission: 16 Dec 2016
Question
It says "In S.36.01, S.36.02, S.36.03 and S.36.04 the third paragraph of the general comments is deleted."
What is paragraph 3? It seems like I count differently, as I thought paragraph 3 was the one that you reffer to as paragraph 2 (according to this comment: "In S.36.03 the second paragraph of the general comments is replaced by the following: ...")
EIOPA answer
The paragraph to be deleted in the Instructions of S.36.01, S.36.02, S.36.03 and S.36.04 is the following:
"Groups are expected to complete this template for all significant, very significant and transactions required to be reported in all circumstances for IGTs between the individual undertaking and the mixed–activity insurance holding company and its related undertakings."
The sensentence was falsely carried over from Annex II (with the simple swap of “The insurance undertaking” for “Group”) where the same templates are used to report IGT with a mixed-activity insurance holding company according to Article 265 of the Solvency II directive.