Question ID: 1395
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Template: S.23.01
Status: Final
Date of submission: 02 Feb 2018
Question
We are not sure which formula to use for cell {r0560,c0050} on the 23.01.04 because it doesn’t seem to be in the logfiles. Could you help us with a validation rule for cell {r0560,c0050} like, for example, is provided for cell {r0540,c0050} in S.23.01.01.
EIOPA answer
R0560 (OF eligible) should reflect the amounts reported in R0520 (OF available) after application of eligibility criteria as defined in article 98 of the Solvency II Directive and article 82 of the Delegated Regulation.
With regard to the quantitative limits as stated in article 82 of the Delegated Regulation, for the purpose of calculation of the Eligible Own Funds to meet the consolidated group SCR these limits should be applied to the Consolidated group SCR excluding Capital requirement for other financial sectors. This would mean that tiering limits would apply to {s.23.01.04 (R0590) – s.25.01.04 (R0500)}.
Validations 540, 542, 544 and 545 (solo validations) could be used as an indication for the possible validations to be applied in future.