Search QAs

Is it possible for an insurance undertaking to act as “a person on behalf of the customer” when paying fees under article 29.2 of Insurance Distribution Directive?

Could you clarify what is the appropriate CIC category for instruments that are fully, unconditionally, and irrevocably guaranteed by non-EU/EEA central governments?

Under which non-life insurance class, as defined in Annex 1 of Directive 2009/138/EC (Solvency II), should the liability of a freight carrier for damages to the transported goods, caused by the use of motor vehicles, be classified: Class 7 (Goods in transit) or Class 10 (Motor vehicle liability)?
Is the classification of this liability under a specific non-life insurance class binding on Member States, or may they exercise discretion in assigning it to a different class?

We have a question regarding the application of the CIC code in QRT S.06.02 for UCITS funds. In the context of QRT S.06.02, when we report a UCITS fund (for example, a French-domiciled UCITS fund), should we use the country-specific CIC (such as FR41) or XL41 for these instruments?

We would like to confirm that the amount of earned gross premiums from the S.26.06.04 and S.05.01 can differ due to the use of different exchange rates. For the purposes of SCR calculation the exchange rates at the end of the reporting period should be used to recalculate earned premiums form foreign entities from the capital group (S.26.06.04) while for the purposes of recalculation for the consolidated earned premiums in the S.05.01 the average exchange rate for the reporting period is used.

I have a CIC code query with regads to all EDC (Export Development Canada) securities. Bloomberg reflects a CIC code of 21 but this issuer carries the full faith and credit of Canada and constitues direct and unconditional obligations of Canada.Can you please look into this and advise as we feel...

Let's consider exposures in the form of bonds and loans that are fully, unconditionally and irrevocably guaranteed by central governments and central banks that meet the conditions described in paragraph 3 of Article 180, an

In the new ITS 2023/894, Annex III, instructions for S.36.01, you have: NC0190 Amount of dividends/interest/coupon and other payments made during reporting period This cell shall capture any payments made in relation to the intragroup transaction s recorded in this template for the reporting period (6 months up to the reporting date)articl

Is a credit default swap considered a financial instrument