Question ID: 2788
Regulation Reference: Guidelines on financial stability reporting
Topic: Reporting Templates, Financial Stability Reporting
Article: N/A
Template: S.14.04, S.14.05, S.38.01, S.39.01
Status: Final
Date of submission: 07 Sep 2023
Question
It's not clear what FS-reports that is to be reported quarterly or semi-annual. According to the guidelines EIOPA-22/198: S.05.01 - Quarterly S.14.04/S.14.05/S.38.01 - semi- annual, but there is nothing in the close list saying "Not reported in Q1 and Q3" S.39.01 - Quarterly or still semi-annual
Background of the question
Unclear frequency for reporting FS-reports
EIOPA answer
The semi-annual Financial stability templates (S.14.04.11, S.14.05.11, S.38.01.11 and S.39.01.11) shall be reported during Q2 and Q4. For the Q1 and Q3 periods, when reporting is not required, in the content of the submission QRT S.01.01 the option “Not reported other reason (in this case special justification is needed)" should be selected. Undertakings shall accompany this choice with the justification that the reporting is semi-annual. In the next amendments, an option where no special justification is required will be available.
The template S.39.01.11 shall be reported on a semi-annual frequency. In this case the option “Not reported in Q1 and Q3" is available in the content of the submission QRT S.01.01.