Question ID: 2664
Regulation Reference: (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
Topic: Reporting Templates
Article: N/A
Template: S.14.02
Status: Final
Date of submission: 05 Jun 2023
Question
Regards the new S.14.02 QRT for 2.8 and the associated LOG guidance (in the draft business package supporting SII taxonomy 2.8.0). Would the following be an acceptable implementation for completeness checking of Q&A #2555, which clarified that max 2 rows are required per LoB: If count(C0010) > 0 where C0020 = “11.1” then count(C0010) = 1 where c0010 = “11” and C0020 = “” i.e. if we find a row in S.14.02 with product code = “11.1” then we should also have a row for the total line of business “11”. Would that be the case even if product code “11.1” represented the whole line of business “11”? WE would envisage equivalent validations of the above for product code “7.1” and LoB “7” and also for product code “12.1” and LoB “12” and “12.2” and LoB “12”.
EIOPA answer
If the only product in the LOB is the one reported under the product category, no additional row is required. So the proposed approach is correct.