Own funds: values must agree (S.23.01, EIOPA rule BV100)

The rule in plain words

The headline gives only the template and the kind of check, because the rule is too long to say in a headline. The plain words above say all of it.

This is a blocking check. A return that fails it is normally rejected, so fix it before you submit. It runs only when your filing indicators mark S.23.01 as reported.

The cells it reads

Which returns it applies to

Line4 Check runs it on quarterly group (QRG) return on EIOPA taxonomy 2.10.0. EIOPA applies it to quarterly group (QRG) returns, as a blocking check.

EIOPA’s own words and formula

In EIOPA’s list of validations, word for word:

The "Total" value of the item "Ratio of Eligible own funds to group SCR including other financial sectors and the undertakings included via D&A" reported in S.23.01 - Own funds must be equal to the ratio between the "Total eligible own funds to meet the group SCR (including own funds from other financial sector and from the undertakings included via D&A )" and the "Group SCR".

Other rules on Own funds (S.23.01)

Every Solvency II rule on S.23.01

Checks like this one, run at the point of submission, are the first step to real-time supervision. Line4 builds SupTech software for financial regulators that runs checks like these as each return arrives.