Question ID: 2828
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.06.02
Status: Final
Date of submission: 11 Oct 2023
Question
If the credit assessment institution (ECAI) is not in the ECAI’s list published on ESMA's website (e.g. non-EU ECAI "FITCH UNITED STATES" LEI CODE "213800V8QK9WQ3LPRD72") what should we report in field C0320 and C0330?
EIOPA answer
IF ECAI is not listed by ESMA it is not Nominated ECAI as per definition of this field. If the ECAI is a subsidiary of any of the ones mentioned in the list, then the parent company in the list is to be used. Otherwise, C0320 shall be left blank and use SE:x187 (No ECAI has been nominated and a simplification is being used to calculate SCR) for C0330. In the example provided this is an US rating agency which should be listed as certified CRA on ESMA website (https://www.esma.europa.eu/credit-rating-agencies/cra-authorisation).