Question ID: 2921
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.14.01
Status: Final
Date of submission: 07 Dec 2023
Question
On S.14.01, logs are confused, for example, on the average age to consider for "remaining contractual maturity."
EIOPA answer
Agree that whereas the field is labelled as “remaining contractual maturity”, seemingly supporting the interpretation as an average remaining maturity (as indicated in your draft answer), the example provided in the log is clearly contradictory to such an interpretation and seems to indicate that the average time period of the contracts (instead of the remaining contractual maturity) should be used. Please report the “remaining contractual maturity”. The log will be clarified in the future ITS amendment.