EIOPA · 1593
1593
- 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
The reporting entities understand the term “closed derivatives” differently. We would like to confirm what the correct definition is. Could you please clarify whether the date of maturity is relevant for reporting S.08.02?
Answer
The 'close' is not related to the date of maturity but to the fact that the undertaking no longer holds the position, also including situation when maturity date is reached. If the undertaking had one position with maturity date of 2022 and had made a transaction to eliminate the position the position should be reported in S.08.02.
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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