Question ID: 851
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Template: S.08.02
Status: Final
Date of submission: 19 Sep 2016
Question
Is the quarterly submission of S.08.02 - Derivative Transactions Quantitative Reporting Template required on a year-to-date or quarter-to-date basis? For example, at Q2 would a group or solo entity submit 6 months worth of transactions or only 3 months since the Q1 submission?
EIOPA answer
As stated in the general comments: “Closed derivatives are the ones that were open at some point of the reference period (i.e. last quarter if template is submitted quarterly or last year if template is only submitted annually) but were closed before the end of the reporting date.”.
In your example, in Q2 a group or solo entity shall submit 3 months of transactions since the Q1 submission.