Question ID: 1962
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Template: S.05.01
Status: Final
Date of submission: 12 Jul 2019
Question
If you sell or dispose of a company during the year should it be included in S.32.01 Entities in the Scope of the Group at the end of the year? (same applies to S.34.01 if applicable).
If you sell an insurance company during the year do you include transactional data up to the point of sale? Or ignore it as it is no longer part of the Group. E.G. Premiums and claims in the Group S.05.01, Income and gains in S.09.01, Intra Group Transactions in S.36.01-S.36.04.
And if you buy a company in the year what are the answers to the above points?
EIOPA answer
The interpretation is correct. S.32.01 and S.34.01 shall only include undertakings belonging to the group at the end of the reporting period. Therefore, they shall not include undertakings sold during the reporting period, but they shall include undertakings bought during the reporting period.
S.05.01, S.09.01 and S.36.01-04 shall only include transactional data relating to the sold undertaking up to the point of sale. S.05.01, S.09.01 and S.36.01-04 shall only include transactional data relating to the bought undertaking from the date of the acquisition on.