EIOPA · 1253
1253
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- 35
- Submitted
- 2018-07-27
- Answered
- 2019-10-10
Question
Can I ask EIOPA to please confirm the Q&A answer 985 to ITS 2015/2450 is correct as it seems to contradict footnote 15 to the EIOPA XBRL filing rules document:"‘Multiple assets/liabilities‘ must be reported as ‘CAU/Multiple assets/liabilities‘"
The footnote to "V.2 ISIN and other instrument codes" of the EIOPA XBRL filing rules makes no distinction between when the code is a dimension or metric so our interpretation before Q&A 985 was that in all cases where ‘Multiple assets/liabilities‘ was an option for the instrument code the the instrument code type should be "CAU".
Therefore, we implemented rules for S.08.01/02 c0100 or S.36.02 c0180 was ‘Multiple assets/liabilities‘ then S.08.01/02 c0110 and S.36.02 c0190 should be set to "CAU".
This however would not comply with EIOPA's answer to Q 985.
Answer
The drafting of Q&A 985 is not in line with present proposal of amendments and it will be revised. The ITS 2018 amendments further clarify that in case when the underlying assets or liabilities are more than one in S.08.01.C0090, S.08.02.C0090, S.36.02.C0180 shall be reported – "Multiple assets/liabilities" and in such case the type of code to be selected in S.08.01.C0100, S.08.02.C0100, S.36.02.C0190 shall be 99 for the cases of "Multiple assets/liabilities" and indexes.
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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