EIOPA · 3058
Reporting Templates
- Regulation
- (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
- Topic
- Reporting Templates
- Submitted
- 2024-04-02
- Answered
- 2025-04-11
Question
Is BV357 updated according to new ITS (EU) 2023/894?
Background
When 23.03 is effectively empty, we would like to state option 3 in template 01.01 Contents regarding the template, but this provides a validation error because we use Method 1 exclusively.
Answer
BV357 was partially amended to reflect the update of the ITS, by lowering the severity to Warning. Currently validation states that S.23.03 needs to be reported should the group use method other than method 2 exclusively. Nevertheless, EIOPA considers to further update this rule and clarify in the error message also the threshold to be met for the referred table.
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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