Question ID: 1335
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Template: S.09.01
Status: Final
Date of submission: 01 Sep 2017
Question
Field C0080 of template S.09.01 requires to report interest earned. For interest swaps there is an interest paying leg and an interest receiving leg. Should the net amount of the two legs be reported in the QRT or should the interest paying leg not be considered? More generally, is interest earned defined as net of interest expenses?
EIOPA answer
We confirm that in field C0080 of template S.09.01 is to be reported the net amount of the two legs.