Question ID: 3055
Regulation Reference: (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
Topic: Reporting Templates
Template: S.29.01, S.29.02, S.29.03, S.29.04
Status: Final
Date of submission: 29 Mar 2024
Question
In the Q&A ID 2590, EIOPA states that "the captives' exemption holds only for S.29.01." Please clarify then why the heading of Article 22 of the Commission Implementing Regulation 2023/894 includines only "individual undertakings" and does not include "captive insurance undertakings"? This seems very misleading as I would expect a captive insurance undertaking to only submit those templates which are listed under Articles which include "captive insurance undertaking" in the heading?
EIOPA answer
Q&A 2590 has been revised.
Captive insurance undertakings and captive reinsurance undertakings that meet the criteria under Article 4 shall report respectively only the templates specified respectively under Article 4(4) and Article 4(5).