Question ID: 2668
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 reconciliation checking of C0070, C0080 and C0090 with S.05.01 (e.g. in Plausibility tests). We see this as analogous tests to those from EIOPA in the taxonomy between S.14.01 and S.05.01 (e.g. BV1518). S.05.01 CCCC R0110 = S.14.02 C0070 + S.14.02 C0080 + S.14.02 C0090 with a test for each column in S.05.01 for columns C0010 through C0120 and the matching LoB in S.14.02 C0010 (where S.14.02 C0020 = “”, to exclude product level records in S.14.02).
EIOPA answer
EIOPA confirms that, for matching line of business S.05.01 R0110 will equal the sum of columns C0070, C0080 and C0090 in S.14.02. As product category can be provided for certain line of business, it could lead to double counting. Therefore, we agree that only rows where C0020 is not reported should be included in calculation.