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Assets Backed Securities (ABS) should be classified under “Collaterised securities (A8D)” in the balance-sheet if it is a direct investment into ABS. The only exception is when the investment into ABS is indirect by a Collective Investment Undertaking, in which case the investment should be classified under the category “Collective Investments Undertakings (A9)” in the Balance-Sheet and the look-through will be required in a different template under Solvency II (not for preparatory phase). Please see LOG of the cell A8D (C0010-C0020/R0170) currently under public consultation copied bellow for your convenience.“Securities whose value and payments are derived from a portfolio of underlying assets. Includes Asset Backed Securities (ABS), Mortgage Backed securities (MBS), Commercial Mortgage Backed securities (CMBS), Collateralised Debt Obligations (CDO), Collateralised Loan Obligations (CLO), Collateralised Mortgage Obligations (CMO)…”