EIOPA · 2036
Internal Models (IMs)
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- Article 84 & 168, 35
- Topic
- Internal Models (IMs)
- Submitted
- 2019-10-14
- Answered
- 2020-01-28
Question
Following the recent updates to the ITS, the instructions for C0292 within S.06.02 makes various references to Article 84 / Article 168 of the Delegated Regulation when selecting options 1 to 4 in the closed list.
Given that the articles referenced are only relevant in the context of Standard Formula reporting, please could you confirm that entities reporting under an Internal Model should always select option '9 - Not applicable' within this field?
Answer
Internal model undertakings should fill the template with option 1 or 9. If a full look through is applied option 1 is to be selected; otherwise option 9.
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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