Question ID: 1449
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Template: S.06.02
Status: Final
Date of submission: 30 Jan 2018
Question
On template S.06.02 list of assets, should an item with an ISIN under Asset ID code (C0040), always have one of the following under valuation methods (C0150)?:
1 - quoted market price in active markets for the same assets
2 - quoted market price in active markets for similar assets
EIOPA answer
There is no direct link between assets with ISIN and valuation method.ISIN code serves as an identification of a security and does not reference to the fungibility. It is not correct that ISIN instruments (or similar instruments) necessarily have a market value (stemming from trades in a deep and liquid market).