Question ID: 3368
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
Status: Final
Date of submission: 20 Jun 2025
Question
1) Regarding covered bonds referenced in Article 44(2)(b) BRRD, should bonds with CIC codes 16, 17, 26, and 27, issued by a qualified issuer (as defined in points (b), (c), or (d) of Article 1) BRRD, be reported as “No” or “Not applicable”? 2) Similarly, assuming the bonds with a capital guarantee that have been issued by a qualified issuer (as defined in points (b), (c), or (d) of Article 1 BRRD), should these bonds be reported as “No” or “Not applicable”?
EIOPA answer
(Covered) bonds referred in Article 44(2)(b) of Directive 2014/59/EU establishing a framework for the recovery and resolution of credit institutions and investment firms (BRRD)(e.g. CIC 17, 26, and 27) shall be reported in S.06.02 C0293 as “No". However, bonds issued by central banks (CIC 16) which are not subject to BRRD shall be reported as “Not applicable"."
In general, Liabilities which are outside the scope of the bail-in tool generally shall be reported as "9 - not applicable". Liabilities that fall in the scope of the bail-in tool but where a resolution authority decides to exclude or partially exclude an eligible liability or class of eligible liabilities from the scope of the bail-in tool (e.g. applying Article 44 of Directive 2014/59/EU - the Bank Recovery and Resolution Directive) shall be reported as 2 – No.