EIOPA · 5
5
- Regulation
- Guidelines on submission of information to NCAs (Preparatory phase)
- Article
- 35
- Submitted
- 2013-12-11
- Answered
- 2019-10-24
Question
Regarding the quantitative reporting template OF-B1 for solo undertakings, the formula for cell Q2 includes the non-existent field AS14. From my understanding, this has to be the cell LS14.
Can you confirm this and consider in further definitions in QRTs.
Answer
The formula is in fact incorrect. The correct formula should be: “NOT APPLICABLE for the purpose of preparatory phaseCells L1, L4, L6B, L7, L10, and LS14 are taken from S.02.01 Q2 = (L1+L4+L6B+L7+L10 valued according with Solvency II rules) - (L1+L4+L6B+L7+L10 valued according with accounting rules+LS14)”This amendment will be taken into consideration in the future ITS.
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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