EBA · 2014_1537 Final Q&A

Reporting the insurance products under the item 150 of the template F 22.02 - Assets involved in the services provided

Regulation
Regulation (EU) No 575/2013 (CRR)
Article
99
Topic
Supervisory reporting - FINREP (incl. FB&NPE)
Submitted by
Competent authority
Submitted
2014-10-13
Answered
2021-06-25
Answer provided by
ESAs (EBA, ESMA, EIOPA)

Question

What value should be reported for the insurance products under the item 150 of the template F 22.02: the insurance premium, the banking fee or the insured amount?

Background

We need this clarification because the FINREP instructions are silent in this respect.

Answer

In line with the overall structure of template F 22.02 of Annex III of Regulation (EU) 680/2014 – ITS on reporting, the value to be reported in row 150 ‘insurance products’ of template 22.02 is the amount involved in the service provided (collecting premiums, distribution or other service) during the period.

Original source: European Banking Authority, Q&A ID 2014_1537

This Q&A is published by European Banking Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

Similar Q&As

More Q&As on this topic

📋 Track EU financial regulation continuously

Forseti monitors EU financial regulation and delivers personalised alerts anchored to verified official sources.

14-day free trial. No credit card required.