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Question

In your Q&A LOG titled “Answers to questions on the Final report on the ITS on the templates for the submission of information to the supervisory authorities (CP-14-052)” you have provided the following answer to question 10 on 06/11/2015.
“If the contracts are closed the underlying securities are no longer involved in lending or repurchase agreements and therefore this contracts should not be included in the template.”
The above clarification contradicts the following sentence included in the LOG file for S.10.01
“The information shall include all contracts in the reporting period regardless of whether they were open or closed at the reporting date.”
Can EIOPA reconfirm that we are not required to report security lending/repo/reverse repo contracts which were closed before reporting date in S.10.01?

European Insurance and Occupational Pensions Authority · Accepted Answer

In fact the answer to Q298 was unfortunately incorrect and was amended.
In this case the Instructions as published in the ITS should prevail ant the contracts closed during the reporting period should also be reported if the template is due. Please note that the closed contracts do not count for the purposes of the threshold calculation.

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Question

Answer