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European Insurance and Occupational Pensions Authority

31

Q&A

Question ID: 31

Regulation Reference: Guidelines on submission of information to NCAs (Preparatory phase)

Article: 35

Template: S.25.01

Status: Final

Date of submission: 13 Mar 2014

Question

Regarding the S.25.01g template there is no mention of a change in formula for cell A18, should this not be included in the change log as it is a significant change? Additionally, if the formula for cell A14C should in fact be the sum of A10 + A13 + A11 + A12 + A14A should this not also be mentioned in the change log? 

EIOPA answer

The changes in the formula of cell A18 are due to a redesign of the template to better reflect the interlink between elements of risk modules calculated using  standard formula and partial internal model. This change is identified in the change log as a general remark.