EIOPA · 3196
Reporting Templates
- Regulation
- (EU) 2023/894 - ITS with regard to the templates for the submission of information necessary for supervision
- Topic
- Reporting Templates
- Submitted
- 2024-11-26
- Answered
- 2025-03-13
Question
According to C0320, we are not sure which rating scale should we use for short term deposits in local currency. Fitch provides Short-Term Issuer Default Rating and National Short-Term Credit Rating. How can we determine which rating scale should we use?
Answer
The external rating should reflect the long term rating of the counterpart.
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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