Question ID: 546
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Template: S.02.02
Status: Final
Date of submission: 05 Feb 2016
Question
The template S.02.02.01 asks for the SII balance sheet per currency. Is there any indication on how to split the Risk Margin per currency? Shall we calculate the SCR RU by isolating each currency, as it is advised for the Risk Margin per Line of Business?
EIOPA answer
EIOPA does not intend to establish any indication on how to split the risk margin into currencies. It should be the responsibility of the undertaking to decide on the method and apply it consistently over time. Undertakings should be prepared to explain the method used in case the supervisor requests it.