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European Insurance and Occupational Pensions Authority

883

Q&A

Question ID: 883

Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities

Article: 35

Status: Final

Date of submission: 03 Mar 2017

Question

For products which could be unbundled to two parts, how to assign the number of contracts(C0040) into different parts?

EIOPA answer

For products which are unbundled to two parts, please report the number of contract in all rows reported.  The unbundled parts would be counted as separate contracts – in analogy to similar contracts that are sold individually and which do not need to be unbundled.

For such cases the content of C0010 (and C0090) should follow specific pattern: {ID code of product}/+/{number of version}. For example 'AB222/+/3'.

Issue identified in the list of know issues as issue 96.

Supervisory reporting - DPM and XBRL