Question ID: 2474
Regulation Reference: (EU) 2020/852 - Taxonomy Regulation
Topic: Reporting Templates
Article: N/A(Art 4(1) of Directive 2011/61/EU )
Template: S.06.02
Status: Final
Date of submission: 11 Aug 2022
Question
In column C0298 of QRT S.06.02 "Alternative investment", is this column dependent on the marketing of the PEPP? If so, the entity does not market this type of product and declares "2 no alternative investment" ? If not, for which CIC should we declare "1 Alternative investment"? The concept of Alternative Investment Funds can be defined by a CIC 4 to the exclusion of the codes CIC 41 and CIC 42?
Background of the question
Taxonomy 2.7.0 QRT S.06.02
EIOPA answer
In line with Article 4.1, alternative investments means collective investment undertakings, including investment compartments thereof, which:
(i) raise capital from a number of investors, with a view to investing it in accordance with a defined investment policy for the benefit of those investors; and
(ii) do not require authorisation pursuant to Article 5 of Directive 2009/65/EC;
As defined in the CIC table, these funds would indeed be identified with CIC code ‘4’.