EIOPA · 105
105
- Regulation
- Guidelines on submission of information to NCAs (Preparatory phase)
- Submitted
- 2014-08-20
- Answered
- 2019-10-29
Question
Prudential Group have derivative contracts of which the underlying is an index (e.g. FSTE 100 index).
The LOG guidance for cell A9 of D2O states that “This item is to be provided only for derivatives that have a single underlying instrument in the undertaking’s portfolio”Based on the above LOG guidance, we do not intend to populate cell A9 for those derivatives which have indices as their underlying.
Can EIOPA confirm if this is acceptable?
Answer
In fact an index should be considered as a single instrument and shall be reported. The ID code identifying the index shall be reported in the cell, following the priority identified.
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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