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European Insurance and Occupational Pensions Authority

2942

Q&A

Question ID: 2942

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

Topic: Reporting Templates

Template: S.34.01

Status: Final

Date of submission: 19 Dec 2023

Question

The instruction in regulation 2023/894 for the cell C0085 in S.34.01 is the same as for the cell C0270 in S.33.01. Should not the cell C0085 in S.34.01 include the instruction for related entities described in article 335 1.e and 336.c of the DR that the contribution of these entities to the group SCR is the proportional share of the capital requirements for credit institutions, investment firms, financial institutions, alternative investment fund managers, UCITS management companies, and institutions for occupational retirement provision within the meaning of Directive 2003/41/EC, calculated according to the relevant sectoral rules and the proportional share of the notional capital requirements of non-regulated undertakings carrying out financial activities?

EIOPA answer

The cell 0085 (Contribution of solo (notional) SCR to group SCR) in template S.34.01 does not cover entities as described in article 335(1) e, f and 336 c,d,e DR.​