EIOPA · 2341
Reporting Templates
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- 35 of SII Directive
- Topic
- Reporting Templates
- Submitted
- 2021-09-30
- Answered
- 2022-07-01
Question
Should derivatives other than futures get CIC Country Code XL or XT? Some believes the derivatives they hold, are not by nature exchange tradable and they should get code XT. However, some believes the derivatives they held, are not listed but by nature are exchange tradable and they should get code XL. Do I need to examine each derivative documentation and determine if they should get XL or XT?
Answer
Yes, the assessment on the CIC needs to be done individually for each derivative.
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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