Question ID: 538
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Template: S.36.01
Status: Final
Date of submission: 02 Feb 2016
Question
Template S.36.01, field C0180 (Balance of contractual amount of transaction at reporting date):
In our understanding the contractual amount for the transactions, which are not yet settled at the reporting date, must be stated in this field (otherwise zero).
We can think of two examples:
1) Normal trades when traded (trade date) before the reporting date but the settlement (settlement date) takes place first after the reporting date.
2) New issues: When trading newly issued bonds, which takes place often two or three weeks before the date of issue (trading before issue date), where settlement date is after reporting date.
Is this assumption correct?
EIOPA answer
It is confirmed that the cell C0180 should be used to report inter alia a contractual amount for the transactions that are not yet (fully) settled at the reporting date. In case of full early settlement (before the reporting date) the balance of the contractual amount will be zero. Basically, outstanding amounts mean that if it is recognised in the balance-sheet, then it needs to be reported.