Skip to main content
European Insurance and Occupational Pensions Authority

935

Q&A

Question ID: 935

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

Article: 35

Template: S.04.01

Status: Final

Date of submission: 25 Sep 2017

Question

In S.04.01 C0090 the colomn discription is "By EEA member — Business underwritten through FPS, by the EEA branch established in the considered country". This looks strange because FPS in the country established is not logical. The log file says "Amount of business underwritten through FPS, by the EEA branch in the EEA countries where it is not established". The text for the colomn seems to be wrong.
Also it seems logical that business underwritten through FPS by Branches in the HC not has to be filled in at C0090 but the text of the colomn and Logfile doesn't make this exemption.

What ultimately is expected in S.04.01 is, due to above mentioned problems, not clear. Could this me made clear by an example? This example should have all possibilities like Undertaking in HC (Home Country) but also FPS in other EEA / non-EEA and a Branch that has business in the country where established and does FPS in HC and in other EEA and non-EEA.

I ask this because it seems that some numbers have to be filled in twice in the range C0010-C0070 and other once.

EIOPA answer

The LOG is clear and the name of column C0090 is also correct. "Business underwritten through FPS, by the EEA branch established in the considered country", where in the considered country relates to where the branch is established, i.e. in the country reported.
No exception is intended. The FPS performed by a branch in the Home Country is also FPS outside the country where the branch is established.

We would like to clarify that FPS is only possible in EEA countries.

Undertaking in Home Country doing FPS is reported in C0020, included in C0100 in the corresponding country.

Branch business in the country where it is established is reported in C0080 and included in C0040.

The FPS performed by branches in the Home Country is reported in C0030, included in C0050 and in C0090 (referring to the country of establishment of the branch).

The FPS performed by branches in other EEA member is included in C0050 and in C0100 regarding the country where FPS is undertaken.