EIOPA · 2935
Reporting Templates
- Regulation
- (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
- Topic
- Reporting Templates
- Submitted
- 2023-12-14
- Answered
- 2024-06-18
Question
We encounter incomplete or missing NACE codes, companies that do not have LEI Codes and the UTI for derivatives for Futures and Options may consist of more characters than is currently allowed. What is the solution?
Answer
The LOGs ask for the undertakings to identify proper economic sector. Please refer to NACE rev. 1 if the entity in question can be assigned to two different sectors (which is described in the https://ec.europa.eu/eurostat/documents/3859598/8634073/CA-80-93-436.pdf/bd973dfc-cb58-478e-ae7f-2b0b5763a491?t=1517396135000).
Regarding the LEI code, it all depends on the table. For example, S.08.01 C0270 (Counterparty Code) provides two options LEI or SC codes to be reported (with LEI as the main choice).
Finally, there is no validation limiting the length of UTI string column (S.08.01 C0041 (Unique Transactions Identifier)).
Please also see 2936 - European Union (europa.eu) on NACE codes.
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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