Question ID: 3107
Regulation Reference: (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
Topic: Reporting Templates
Template: S.06.02, S.11.01
Status: Final
Date of submission: 14 Jun 2024
Question
I would like to ask what the difference is between the templates S.06.02 and S.11.01. There are the same items to be reported in both templates, there are some other items in S.06.02, but it seems that there will be the same figures in S.11.01. Do the subjects report the same assets in both templates (S.06.02 and S.11.01) or should be reported different items in S.11.01? If there are the same items to be reported in both templates, there is no need to have S.11.01 as all the information could be found in S.06.02.
EIOPA answer
S.06.02 List of assets contains an item–by–item list of assets held directly by the undertaking (i.e. not on a look–through basis), classifiable as asset categories 0 to 9 while S.11.01 Assets held as collateral S.11.01 contains an item–by–item list of off–balance sheet assets held as collateral for covering balance sheet assets held directly by the undertaking (i.e. not on a look–through basis) at the end of the reporting period.
In addition, S.11.01 shall be reported annually only when the ratio of the value of assets held as collateral to total balance sheet exceeds 10%.
With this even that there might be overlapping items between both templates they served different purposes and S.11.01 is reported only under specific situations.