EIOPA · 3066

Reporting templates on risk concentrations and intra-group transactions for conglomerates (FICOD)

Name: Reporting templates on risk concentrations and intra-group transactions for conglomerates (FICOD): EIOPA Q&A — EU Financial Regulatory Q&A
Creator: European Insurance and Occupational Pensions Authority
License: https://creativecommons.org/licenses/by/4.0/

Regulation: (EU) 2022/2454 - ITS with regard to supervisory reporting of risk concentrations and intra-group transactions (FICOD
Article: Annex II
Topic: Reporting templates on risk concentrations and intra-group transactions for conglomerates (FICOD)
Submitted: 2024-04-03
Answered: 2024-04-04

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Question

How to report public sector and financial sector concentration in template (template FC07-00)?

Background

Instruction under regulation 2022/2454 is not clear on whether the exposure to public and financial sector shall be allocated in accordance with NACE codes or otherwise (e.g. sectoral rules).

Answer

Based on the regulation 2022/2454 “The ‘sector’ shall present the split between the following sectors: — public sector — financial sector — corporate sector divided by the NACE code (the first level of hierarchy - the letter)”. The public sector and financial sector shall also be reported based on the NACE code (the first level of hierarchy - the letter), respectively: K - Financial and insurance activities O - Public administration and defense; compulsory social security

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