EIOPA · 2543
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
- 2022-12-14
- Answered
- 2023-05-04
Question
I have a question concerning reporting precision. When the metric is pure that is 2015/2450 article 2, point b) applies “data points with the data type ‘percentage’ shall be expressed as per unit with four decimals” then from what format should the 4 decimals be counted? For example for a calculation result 1/3=0,33333333333.. or 33,333333..%, which is correct precision to report it with four decimals 0,3333 or 0,333333?
Answer
EIOPA confirms that data points with the data type ‘percentage’ shall be expressed as per unit with four decimals e.g. 1/3=0,33333333333 shall be presented as 0,3333.
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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