EIOPA · 10
10
- Regulation
- Guidelines on submission of information to NCAs (Preparatory phase)
- Article
- 35
- Submitted
- 2014-02-12
- Answered
- 2019-10-24
Question
The cross-template checks CAS 78 and CQS 1 cover similar scope of cells within the annual and the quarterly Own funds report. There is, however, a contradiction between those two checks as CAS 78 contains the cell S.23.01.b.B26 whereas CQS 1 does not.
In our view the assertion of CQS 1 is correct and CAS 78 should be updated accordingly.
Answer
In fact the correct formula was the one in CQS1. This amendment will be included in the ERRATA. CQS1 should read: “S.23.01.a.A20 = S.02.01.a.L27-S.23.01.a.B24-S.23.01.a.B25-S.23.01.a.B27-S.23.01.a.B502-S.23.01.a.A503+ S.02.01.a.L26”
CAS78 should read: “S.23.01.b.A20 = S.02.01.b.L27-S.23.01.b.B24-S.23.01.b.B25-S.23.01.b.B27-S.23.01.b.B502-S.23.01.b.A503+ S.02.01.b.L26” Additionally, it was spotted a minor mistake (in green) in the solo formula of cell B26 of S.23.01 (B26= A1-+A2+A3+A4 +A6+A8+A9+A15+A16) and suggest the following to the ERRATA:In technical Annex II, in the description of the cell B26 of S.23.01, the formula needs to be amended and should read: “This is the total amount of other basic own funds items included in the reconciliation reserve. When this data item is applicable to groups, it is only applicable for consolidation method. B26= A1+A2+A3+A4+A6+A8+A9+A15+A16”.
This Q&A is published by European Insurance and Occupational Pensions Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.
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