EIOPA · 3087

Financial Conglomerates (FICOD)

Regulation
(EU) 2022/2454 - ITS with regard to supervisory reporting of risk concentrations and intra-group transactions (FICOD
Topic
Financial Conglomerates (FICOD)
Submitted
2024-05-13
Answered
2024-05-13

Question

Correct offsets on template FC.00 in relation to template FC.04

Background

As an example: The IMPLEMENTING REGULATION (EU) 2022/2454 indicates for FC.00, Line C (FR0090) ‘FC0010’ shall be equal to the sum of the amounts declared under ‘FC0160’ in sheet ‘FC.04 Insurance-reinsurance’ where: - the entity under ‘FC0020’ has been identified as ‘insurance sector’ - the entity under ‘FC0050’ has been identified as ‘bank sector’ or ‘investment services sector’ In our opinion, the columns in FC.04 are structured in exactly the opposite way. - FC0020 comprises the entities that receive - FC0050 comprises the entities that issue
No answer published yet.

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.

Similar Q&As

📋 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.