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European Insurance and Occupational Pensions Authority
 

2839

Q&A

Question ID: 2839

Regulation Reference: (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision

Topic: Reporting Templates

Article: Template S.25.05

Status: Final

Date of submission: 19 Oct 2023

Question

Could you please confirm whether S.25.05 QRT is required to be submitted by individual undertakings or groups who use the Standard Formula approach under EIOPA Taxonomy 2.8? Given the name of the template is "Solvency Capital Requirement - for undertakings using an internal model (partial or full)" and similar information is already submitted in S.25.01, we had assumed this was not applicable. However, we came across the 2.8.0 PWD Solvency II release note which states the following: "modelling amendments in S(R).25.05 templates changing the scope of the template to include standard approach, partial internal model and full internal model" Could you confirm whether S.25.05 is required to be reported by companies who use the Standard Formula approach only?

EIOPA answer

No, S.25.05 should not be reported by companies who use the Standard Formula approach only.