Question ID: 3075
Regulation Reference: (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
Topic: Reporting Templates
Template: S.09.01
Status: Final
Date of submission: 17 Apr 2024
Question
I have two question regarding how to classify fund's income for S.09.01. As in the guidance, the dividend column is saying it is applicable to Collective Investment Funds but Interest column is not mentioning this is applicable to Collective Investment Funds. (1) in a mutual fund scenario, if the fund is paying interest or dividend depends on the underlying asset composition and economics. If the income is received as interest, should we report interest under dividend column? (2) for other type of Collective Investment fund (CIC 4X) which pays interest income. When they are not re-invested, should the interest income be reported in the interest income in S.09.01, or should it be reported in Dividend.
EIOPA answer
For collective investment undertakings, the income/gains should be reported as identified in S.09.01. Meaning that interest should be reported as interest, dividends as dividends, rent as rent, etc. For your examples this means that in (1) if the income is received as interest, it should be reported as an interest and also for (2) the income received as interest, should be reported as an interest.