Question ID: 1189
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35, 336
Template: S.23.01
Status: Final
Date of submission: 29 Apr 2017
Question
According to the Log File (Annex III-S.23.01-Own Funds), the definition of R0680/C0010 Group SCR is "The group SCR is the sum of the consolidated group SCR calculated in accordance with Article 336 (letters a-b-c-d) of Delegated Regulation (EU) 2015/35 (R0590/C0010) and the SCR for entities included with D&A (R0660/C0010)."
We are wondering where to show in S.23.01.04 the Capital Requirement for other financial sectors (taken from S.25.02.04 / R0500/C0100)?
EIOPA answer
The sum of the consolidated group SCR and the SCR for entities included via deduction and Aggregation (D&A) should be entered in R0680/C0010 in S.23.01.04. The consolidated group SCR, calculated in accordance with Article 336 of the Delegated Regulation (DR) should be included in R0590 and includes the capital requirements of entities from other financial sectors as specified in paragraph (c) of article 336. The total own funds in other financial sectors is disclosed in R0440/C0010.
Please note that the same approach is also used in S.25.01.04 and S.25.02.04 where the solvency capital requirement for undertakings under consolidated method (R0220) also includes the total capital requirements of undertakings from other financial sectors as recorded in R0500, capital requirement for non-controlled participation recorded in R0540, and the capital requirements for residual undertakings recorded in R0550.