Question ID: 2395
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Topic: Reporting Templates
Date of submission: 23 Feb 2022
3rd country branch reporting for Investments (S.06.02.07) includes two additional fields, C0400 "Deposit lodged as security in accordance with Article 162 (2)€" and C0410 "Confirmation that there are no rights of set off". EIOPA provides guidance for the other fields on S.06.02, and the same type of guidance is needed for these additional fields. Is there guidance available, or can be made available, defining how to complete these fields?
Background of the question
The existing guidance for the other fields on S.06.02 has been provided previously, e.g. at https://dev.eiopa.europa.eu/Taxonomy/Full/2.4.0/S2/EIOPA_SolvencyII_DRAFT_Business_package_supporting_2.4.0.zip However guidance has not previously been provided on C0400 or C0410 on S.06.02.07.
Please note that the 2.8.0 is not yet public and the 2020 review LOGs in preparation release, but the modelling has not changed so please find below the definition of the fields.
C0400 is to identify if assets refers to a deposit lodged as security in accordance to Article 162(2) (e). One of the options in the following closed list shall be used:
1 – Deposit lodged
2 – Not in deposit lodged
C0410 Identify if assets have no rights of set off. One of the options in the following closed list shall be used:
1 – No rights of set off
2 - Rights of set off