EIOPA · 1583

1583

Regulation
(EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article
35
Submitted
2018-07-17
Answered
2019-10-10

Question

Regarding S0602: In the Q & A 791 it is stated that the Issuer Group ( field C0240) is not applicable for government bonds. This is not explicitly prohibited in the ITS. Rather, in the ITS it is pointed out that this field should not be reported only for CIC 8 (to natural persons), CIC 71, 75 and 9. Therefore, we ask for clarification: Does a reporting of the Issuer Group  at CIC 1 (government bonds) actually have to be omitted or is there a choice to report the Issuer Group  also with CIC 1, if it exists (especially a LEI Code is exist)? Furthermore, there is a need to clarify how to handle fields C0250 (Issuer Group Code) and C0260 (Type of issuer group code) accordingly . Does field C0250 have to remain empty and does field C0260 have the value 9-none, if field C0240 has to remain empty for CIC 1?

Answer

Please see Q&A 1411 regarding the different cases of reporting issuer group in C0240. In case C0240 is not reported then the C0250 and C0260 do not need to be reported.

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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