The rule in plain words
There is at least one SPV reported in Table 1 of S.31.02 that is not reported in Table 2 of S.31.02
What to do if your return fails it
- 01Open the tables below and find the cells the rule reads.
- 02The check applies only when its first part holds in your return. When it does, the second part must hold too: fix the second part, or correct the first.
- 03It runs only when your filing indicators mark S.31.02 as reported.
- 04This is a blocking check. A return that fails it is normally rejected, so fix it before you submit.
The cells it reads
Special purpose vehicles (S.31.02.04.01)
Column
- C0150Total maximum possible obligations from SPV under reinsurance policy
Special purpose vehicles: information on SPV (S.31.02.04.02)
Column
- C0220Legal nature of SPV
Which returns it applies to
Line4 Check runs it on annual group (ARG) return on EIOPA taxonomy 2.10.0. EIOPA applies it to annual group (ARG) returns, as a blocking check.
EIOPA’s own words and formula
The plain words above are EIOPA’s own, word for word, from its list of validations.
Show the formulaShowHide
EIOPA's formula. Cells are written as {t: table, r: row, c: column}.
if not(isNull({t: S.31.02.04.01, c: C0150})) then not(isNull({t: S.31.02.04.02, c: C0220})) else true()Other rules on Special purpose vehicles (S.31.02)
- There is at least one SPV reported in Table 1 of S.31.02 that is not reported in Table 2 of S.31.02 (BV1292)Blocking
- The item "Temporary identifier for country 1" must not be reported (BV1347)Blocking
- Dim:OV doesn't follow "^LEI/[A-Z0-9]{20}$" or "^SC/.*" pattern (BV1235)Blocking
- The item "Temporary identifier for country 2" must not be reported (BV1359)Blocking
- The item "Temporary identifier for country 3" must not be reported (BV1371)Blocking
- Special purpose vehicles: double, trailing or leading whitespaces are not allowed (TV9)Blocking
Every Solvency II rule on S.31.02
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.
