EIOPA · 174

174

Regulation
Guidelines on submission of information to NCAs (Preparatory phase)
Article
35
Submitted
2015-07-14
Answered
2019-10-31

Question

For QRTs (Quantitative Reporting Templates) is requested to provide the NACE code (Issuer Sector).I would like to know where to find the NACE code full list. Is it the NACE published by the Europa.eu (http://ec.europa.eu/sfc/2014/en/2007/major-project-nace-codes-list-rev-2). Additionally the NACE code was part of the Errata Corrige on Para 12 Cell A9 but is not mentioned where to get the codes.

Answer

NACE is the acronym used to designate the various statistical classifications of economic activities developed since 1970 in the  European Union. NACE provides the framework for collecting and presenting a large range of statistical data according to economic activity in the fields of economic statistics (e.g. production, employment, national accounts) and in other statistical domains. They are published via a EC Regulation. The Regulation (EC) 1893/2006 of the European Parliament and of the Council of 20 December 2006 establishing NACE Rev. 2 was adopted in December 2006. It includes provisions for the implementation of NACE Rev. 2 and coordinated transition from NACE Rev. 1.1 to NACE Rev. 2 in various statistical domains. NACE Rev. 2 is to be used, in general, for statistics referring to economic activities performed from 1 January 2008 onwards (Article 8 of the NACE Regulation provides details on implementation). Any source from the European Commission is adequate (including the report identified in the question)

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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