Question ID: 2907
Regulation Reference: (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
Topic: Reporting Templates
Article: Template SE.06.02(Variables "Issue Price" and "Cancellation Option")
Template: S.06.02
Status: Final
Date of submission: 27 Nov 2023
Question
In the order of the modification of QRT SE.06.02 of Taxonomy 2.8.0 where the two variables "Issue Price" and "Cancellation Option" have been included, I was wondering if you could give a broader definition on this matter, as in the Log there is no clear definition. When you report the variable "Issue Price" you are looking for the price in percentage or monetary value and this price is only applicable to derivatives or applies to other types of assets. In the "Cancellation Option" variable, this variable refers to Option Calls, Puts or both, and to buy or sell.
Background of the question
Doubtful filling of QRT SE.06.02.
EIOPA answer
According to the Instructions EC0382 issue price is applicable to CIC categories 1, 2, 5, 6 and 8. Please note that with the next taxonomy update CIC 8 will be deleted from this list (as issue price is not applicable for CIC 8). EC0391 cancellation option refers to financial instruments with CIC categories 1, 2, 5, 6 and 8 that have a call option or a call and put option.