EIOPA · 2805

Validations

Regulation
(EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
Article
N/A
Topic
Validations
Submitted
2023-09-25
Answered
2023-10-20

Question

For the report S.01.02 cell C0010/R0260 we need to put the URL or “SFCR file provided” “SFCR file not provided” but in the validation rule BV1156 it check if it is an URL or (NOT PROVIDED/NOT AVAILABLE) There's an inconsistency, which one is the correct text for this cell in case we don't provide the URL?

Background

the validation rule gives blocking error

Answer

EIOPA confirms the inconsistency. Both ‘SFCR file not provided’ and ‘SFCR file provided’ options will be added in the 2.8.0 Hotfix release. Furthermore, in order to accommodate the different Member States using different languages, EIOPA considers replacing the phrase with a language-agnostic solution - ‘0’. Therefore, until the revision of the ITS four options, alongside url, will be accepted: ‘NOT PROVIDED/NOT AVAILABLE’ ‘SFCR file not provided’ ‘SFCR file provided’ ‘0’

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.

More Q&As on this topic

📋 Track EU financial regulation continuously

Forseti monitors EU financial regulation and delivers personalised alerts anchored to verified official sources.

14-day free trial. No credit card required.