The rule in plain words
si2528 doesn't follow imposed pattern: values (from 1 to 2) or 9
What to do if your return fails it
- 01Open the tables below and find the cells the rule reads.
- 02Compare the code or text in your return with the format the rule sets out, character by character, including any prefix and any spaces.
- 03This is a blocking check. A return that fails it is normally rejected, so fix it before you submit.
The cells it reads
Solvency capital requirement - life underwriting risk: simplifications used (SR.26.03.01.03)
Row
- R0040Simplifications - lapse risk
Column
- C0010Simplifications used
Solvency capital requirement - life underwriting risk: simplifications used (S.26.03.01.03)
Row
- R0040Simplifications - lapse risk
Column
- C0010Simplifications used
Solvency capital requirement - life underwriting risk: simplifications used (S.26.03.04.03)
Row
- R0040Simplifications - lapse risk
Column
- C0010Simplifications used
Which returns it applies to
Line4 Check runs it on quarterly solo (QRS), quarterly group (QRG), quarterly branch (QRB), annual solo (ARS), annual group (ARG), annual branch (ARB), financial stability solo (QFS), financial stability group (QFG) and financial stability branch (QFB) returns on EIOPA taxonomy 2.10.0. EIOPA applies it to quarterly ECB branch (QEB), quarterly ECB solo (QES), annual branch (ARB), annual solo (ARS), financial stability group (QFG), quarterly group (QRG), financial stability solo (QFS), financial stability branch (QFB), quarterly branch (QRB), quarterly solo (QRS), annual ECB solo (AES), annual ECB branch (AEB) and 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}.
matches({ m: [s2md_met:si2528]}, "^(((1$|1,){0,1}(2$|2,){0,1})|(9$){1}){1}$")Other rules on Solvency capital requirement - life underwriting risk (SR.26.03)
- For RFF a fund number must be reported in Solvency Capital Requirement - Life underwriting risk (BV583-1)Blocking
- For RFF a fund number must be reported in Solvency Capital Requirement - Life underwriting risk (BV583-2)Blocking
- For RFF a fund number must be reported for USP in Solvency Capital Requirement - Life underwriting risk (BV583-4)Blocking
Every Solvency II rule on SR.26.03
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.
