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European Insurance and Occupational Pensions Authority

78

Q&A

Question ID: 78

Regulation Reference: Guidelines on submission of information to NCAs (Preparatory phase)

Article: 35

Template: S.23.01

Status: Final

Date of submission: 12 May 2014

Question

In relation to the QRT for Own Funds (S.23.01), when comparing the Technical Appendix 1 (QRT's visualisation) and Technical Appendix 2 (LOG of definitions), we detected a contradiction: cells Q1, Q2, …, Q8 are coloured in grey in the Technical Appendix 1, which we understand means that these cells are not applicable during the Preparatory Phase. 

Nevertheless, definitions for these cells in the Technical Appendix 2 do not confirm such interpretation by the inclusion of the usual statement of "NOT APPLICABLE for the purpose of preparatory phase".
In the Errata you made public, this contradiction is amended by indicating that cells from Q1 to Q6 should be deleted.

Could you please confirm if this also applies to cells Q7 and Q8?

EIOPA answer

EIOPA confirms that cells Q1 to Q8 from template S.23.01 are not applicable for preparatory phase.