Question ID: 2666
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Topic: Reporting Templates
Article: 35 of SII Directive
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 expectation of the usage of product codes
If C0020 = “11.1” then c0010 = “11” i.e. product code “11.1” is only ever associated with LoB “11”
If C0020 = “12.1” or C0020 = “12.2” then c0010 = “12”
If C0020 = “7.1” then c0010 = “7”
EIOPA answer
Yes the proposed approach is correct. The product category can only be associated with the relevant line of business. If the product categories covers more than one line of business it should be associated with the main one.