EIOPA · 1079
1079
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- 35
- Submitted
- 2017-10-06
- Answered
- 2019-10-08
Question
BV444 error message states that "There is at least one product reported in template "Variable annuities" that is not reported in template S.14.01" Please clarify whether there can be duplicates in the product as part of S.15.01-C0050 with the product id (S.15.01-C0040) being unique or should the product (C0050) also be unique without any duplicates?
Answer
According to the instructions in the general comments of the LOG for the template S.15.01 only one row per product shall be reported. If for any reason the product needs to be reported in more than one row, e.g. different tranches of the same product, tranches split by year for example, then a different code should be attributed. In S.14.01 the product also needs to be reported separately, i.e. two different rows with different Product ID. For each ID code (C0040) the 'Product denomination' (C0050) needs to be unique as well. C0050 should not have duplicated for the same ID code.
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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