Reporting Templates

The answer on Q2154 says that CQS should be „derived from the rating of the asset or from the rating of the issuer “. But it might happen that CQS of issuer can be different than CQS of asset, e.g. if the asset is managed/held by some asset management company. Example: DE government bond might have CQS 1, but it is held as investment of some fund whose CQS is 5. Although the bond has the high quality, in case of default of the fund (asset management company) also the insurer will have a loss. Therefore the input information to SCR calculation should be worse CQS, i.e. the CQS of asset management company and not the CQS of asset issuer (in this example 5 instead of 1) Shouldn’t answer clearly say that the CQS of the asset holder should be filled in, instead of the CQS of issuer?

Ref. To QUESTION ID 2154