Question ID: 1058
Regulation Reference: (EU) No 2015/2452 - procedures, formats and templates of the solvency and financial condition report
Article: 35
Template: S.02.01
Status: Final
Date of submission: 07 Mar 2017
Question
Business Validation 137 does not seem to work entirely correct. While it functions in case of no aggregation and full aggregation of derivatives, it does not work in case of partially aggregation as decribed in the logfiles of S.08.01.
BV137 should be amended into:
Template 1: S.02.01; Template 2: S.08.01; Filter: {S.08.01,c0080}=[s2c_LB:x91]; Expression: {S.02.01, r0190,c0010}-{S.02.01, r0790,c0010}=sum({S.08.01, c0240,(sNNN)})
EIOPA answer
BV 137 is correct. As the list of derivatives is compared to the total of Asset Derivatives and Liabilities Derivatives, the validation should be true with the use of “abs” regardless of any netting/type of aggregation performed by the undertakings.