Question ID: 552
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Template: S.06.02
Status: Final
Date of submission: 30 Aug 2016
Question
According to the instructions of Annex 3 - S.06.02 – List of assets (reported below), we shall add the ISO 4217 alphabetic code of the currency to the Asset ID code only in cases of assets issued in two or more different currencies.
However, the document seems not specifying how to populate the field in case of assets with same ISIN code and same currency but issued in two or more different markets (so called Multimarket). Should this fact be somehow considered? If not, it might happen that the same ISIN (or other code) would have potentially different CIC code due to different reference market used for CIC calculation (mainly for Group reporting).
EIOPA answer
In case of different markets it is not required to report different rows, as long as the Asset ID Code is the same. Please also note that the first 2 positions of the CIC code are attributed based on the country of listing, not the country of issue. If the asset is listed in more than one country or the undertaking uses for valuation purposes a price provider which is one of the regulated markets or multilateral trading facility where the asset is listed in, the country shall be the one of that regulated market or multilateral trading facility used as the reference for valuation purposes.