EIOPA · 109

109

Regulation
Guidelines on submission of information to NCAs (Preparatory phase)
Article
35
Submitted
2014-09-04
Answered
2014-09-04

Question

D2O (S.08.01): A31 – Unwind trigger of contract:We believe that there should be no unwind trigger for exchange traded Index Futures. As such, we are planning to leave this column blank in relation to these derivatives.  Can EIOPA confirm if this acceptable?

Answer

In the cases like the one described where there is no unwind trigger exists the cell should be left empty during the preparatory phase. For the TS EIOPA will consider adding the option “No unwind trigger” to the close list.

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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