Question ID: 51
Regulation Reference: Guidelines on submission of information to NCAs (Preparatory phase)
Article: 35
Template: S.34.01
Status: Final
Date of submission: 15 Apr 2014
Question
The logs issued in July 2012 for form G04 specified that the scope was for companies in these category types only:
- 4. Insurance holding company,
- 6. credit institution, investment firm and financial institution, institution for occupational retirement provision,
-8. Non-regulated undertaking carrying out financial activities.
Does this still apply to S.34.01?
EIOPA answer
The scope of the template is still the same and is clarified in the Technical Annex I, paragraph 43. (“Other regulated and non-regulated financial undertakings including insurance and mixed holding companies individual requirements comprises the information contained in Technical Annex II under the reference S.34.01.g, and encompass a line-by-line list of Individual requirements of other regulated financial undertakings and other non-regulated financial undertakings, including insurance and mixed financial holding companies, whether controlled or not controlled, under all methods of calculation, including the notional Solvency Capital Requirement or sectorial capital requirement, notional Minimum Capital Requirement or sectorial minimum capital requirement and eligible own funds.”)
On the code to be used, for EEA insurance undertakings the code that will be used in EIOPA register would be the same as attributed by each NCA, therefore that should be also the code to be reported.