Question ID: 158
Regulation Reference: Guidelines on submission of information to NCAs (Preparatory phase)
Article: 35
Status: Final
Date of submission: 10 Mar 2015
Question
There have been added field A23A to accommodate the underlying type of information (monetary or metric), it seems there need to be the same distinction to field A25 Acquisition price (per unit), as this also can be monetary or metric ?
EIOPA answer
The cell “Acquisition price” was not split as it is intended to capture the total acquisition price, so it should always be monetary. For CIC categories 1, 2, 5 and 6, corresponds to the multiplication of “Par amount” by “Unit percentage of par amount” plus “Accrued interest” at the date of acquisition.
Please note that the annotated template had a mistake, indicating a “per unit” value. This will be corrected.