EIOPA · 728

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Regulation
(EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
Article
35
Submitted
2016-07-14
Answered
2019-09-18

Question

We have been told that some authorities request the fields Quantity and Total par amount to be empty in case of CIC=9 (Property) but we have found no reference in the technical specifications. Could you please comment on this?

Answer

That is correct. The items “Quantity” and “Total par amount” are not applicable to property. In this case only C0170 shall be reported. This was made clear in the corrections proposed to the ITS. Please consult the “Final report on public consultation No. 16/004 on the proposal for amendments to Implementing Technical Standards on the templates for the submission of information to the supervisory authorities”, Annex V, paragraph 2 (l), (m) and (n).

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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