Question ID: 2036
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Topic: Internal Models (IMs)
Article: Article 84 & 168, 35
Template: S.06.02
Status: Final
Date of submission: 14 Oct 2019
Question
Following the recent updates to the ITS, the instructions for C0292 within S.06.02 makes various references to Article 84 / Article 168 of the Delegated Regulation when selecting options 1 to 4 in the closed list.
Given that the articles referenced are only relevant in the context of Standard Formula reporting, please could you confirm that entities reporting under an Internal Model should always select option '9 - Not applicable' within this field?
EIOPA answer
Internal model undertakings should fill the template with option 1 or 9. If a full look through is applied option 1 is to be selected; otherwise option 9.