Question ID: 1492
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: 26 Mar 2018
Question
Should gains/losses be recognised for purposes of the S.09.01 when transferring and asset between two Solvency II filing solo entities for purposes of the Solo filing?
Alternatively, should gains/losses be recognised for purposes of the S.09.01 when transferring and asset between two Solvency II filing solo entities for purposes of the Group filing?
EIOPA answer
Gains/losses should be recognised, also for purposes of the S.09.01, when it is sold, i.e. when the property is no longer from the undertaking. When an asset is transferred from undertaking A to B, the asset is no longer recognised in the balance-sheet of undertaking A and the gains and losses should be recognised.