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European Insurance and Occupational Pensions Authority

962

Q&A

Question ID: 962

Regulation Reference: Guidelines on reporting for financial stability purposes

Article: 35

Template: S.06.02

Status: Final

Date of submission: 11 Jan 2017

Question

In Q667 you state that for these Financial Stability QRTs that both Method 1 and Method 2 entities are in scope, with Method 2 entities included on a best efforts basis.

Can you please clarify whether you would also expect non-controlled participations (non-subsidiaries) on Method 2 to be in scope for these QRTs?

I ask because your Log guidance specifically excludes non-controlled participations from the scope of other QRTs, including S.35.01.04 and also from asset listing requirements in S.06.02 - presumably to allow for the additional difficulty in obtaining the required information for these non-controlled entities.  So, excluding non-controlled participations from the scope of these Financial Stability QRTs would seem consistent with your guidance for other QRTs.

EIOPA answer

For consistency with the other QRTs, these participations should be excluded from the scope also for the Financial Stability QRTs.