Question ID: 3108
Regulation Reference: (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
Topic: Reporting Templates, Risk concentration
Template: S.37.02
Status: Rejected
Date of submission: 17 Jun 2024
Question
In the ITS, in the general comments for S.37.02, you write:
'In case the country, sector or currency is not relevant the figures may be reported under an ‘Other’ category.' But, according to Annotated templates, the hierarchies to be used are: CU-1, NC-1, and GA-18. These only include the member: x0-Total/NA.
Could you please confirm that this is the code to use, and if not, give further clarifications.
Background of the question
The ITS does not use the same language as the taxonomy.
EIOPA answer
The question has been rejected as the issue it deals with is already explained in the ITS on Reporting and Taxonomy 2.8.2.
Please note that the “Other” category in S.37.02 is used in case the country, sector or currency is not relevant. The dedicated “other” element was added already in the release of Taxonomy 2.8.2
In accordance with the instructions of S.37.02 in the ITS on Reporting, exposures should be reported in order of relevance (from the maximum exposure to the minimum one).
Therefore, the “other” category builds a residual category and can be seen as simplified way to report less relevant exposures.
EIOPA’s proposals for the revision of the ITS on Reporting further clarify for S.37.02 that in case the country, sector or currency is not relevant (in case of a threshold set by the group supervisor) these figures may be reported under an “Other” category.
The proposals are contingent upon the adoption by the European Commission.
Taxonomy 2.10.0 has been updated accordingly.