Question ID: 295
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Template: S.02.01
Status: Final
Date of submission: 06 Nov 2015
Question
1. there is something wrong with the link on the website. Every time I try to access this information the screen goes black.
2. Day 1 templates - The balance sheet S.02.01.s has columns for Solvency II (C0010) and Solvency I (C0030). Please confirm that Solvency I basis is the same as Statutory Accounts basis (C0020). The CP refers to Annex II for the day 1 template references but there is no day 1 section of Annex II. Is it missing? Please send a copy.
EIOPA answer
Please find bellow the link to the Consultation Paper as well as to the Final Report.
https://eiopa.europa.eu/Pages/Consultations/Public-consultation-on-the-Set-2-of-the-Solvency-II-Implementing-Technical-Standards-(ITS)-and-Guidelines.aspx
Regarding day 1 balance-sheet, EIOPA has deleted the “Solvency 1” column from the day 1 reporting in the balance sheet template. This information will be received through another format, i.e.: as quantitative information in the narrative report due in relation to the first day of application of Solvency II. A guideline in the narrative reporting was added to clarify that the structure of the main classes of assets and liabilities, as defined for the Solvency II balance-sheet, should be followed when describing the qualitative explanation of the main differences between the figures reported in the opening valuation. In some Members this values could be similar to financial statements figures but that is not necessarily the case in all Members.
The instructions of template S.02.01 are valid to all entry points of this template (quarterly, annual and day 1).