Question ID: 986
Regulation Reference: (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article: 35
Template: S.06.02
Status: Final
Date of submission: 13 Feb 2016
Question
The definition of CIC 72 refers to deposits that can be used without penalty or restriction. Is this penalty / restriction separate from whether this deposit is pledged or collateral or not? For example, if you have a bank account that is pledged, is it possible to declare it as CIC 72 and at the same time declare it as pledged as collateral within S.06.02 QRT.
EIOPA answer
The use of deposits as collateral or pledged deposits should be considerd as a restriction. This deposits should be classified as CIC 79 - Other.