EIOPA · 2615
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
- 2023-03-24
- Answered
- 2023-07-24
Question
Following EIOPA Q&A 1735 we reported the nominal value of own shares in S23.02.01. Nevertheless the fair value of own shares has to be reported in S.23.03. This results in a blocking validation error BV892 when submitting the XBRL file to BaFin. Can you please check this and provide us feedback if the validation BV892 is incorrect or if we should ignore the Q&A 1735.
Answer
Please note that as per EIOPA Q&A 1735 (https://www.eiopa.europa.eu/qa-regulation/questions-and-answers-database/1735_en), S.23.02.01.01 and S.23.02.01.02 should be reported at nominal value and in S.23.02.01.03 at fair value.
(The same datapoint appears in S.23.02.nn.01 and S.23.03.nn01 respectively (both solo and group) which is correct considering that S.23.03.nn.01 is provided in nominal value.)
BV892 is still valid as well. It is describing relation between columns ({c0060} = {c0010} + {c0020}-{c0030}) for S.23.03.nn.01 and S.23.03.nn.04. The calculation is provided for each row separately.
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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