The rule in plain words
Items "Unit price" and "Unit percentage of par amount Solvency II price" shall not be reported simultaneously
This is a warning. It does not stop the return on its own, but your supervisor may ask you to explain it. It runs only when your filing indicators mark S.11.01 as reported.
The cells it reads
Assets held as collateral: information on assets (S.11.01.04.02)
Columns
- C0260Unit price
- C0270Unit percentage of par amount Solvency II price
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 warning.
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}.
not(not(isNull({t: S.11.01.04.02, c: C0270, z: Z0001})) and not(isNull({t: S.11.01.04.02, c: C0260, z: Z0001})))Other rules on Assets held as collateral (S.11.01)
- The item "Maturity date" should not be reported for CIC codes other than '##1#', '##2#', '##5#', '##6#', '##8#', '##74' and '##79' (BV1456)
- The item "Maturity date" should not be reported for CIC codes other than '##1#', '##2#', '##5#', '##6#', '##8#', '##74' and '##79' (BV1455)
- The item "Currency" is not applicable for CIC '##75', '##87', '##88' and '##95' (BV1454)
- Items "Unit price" and "Unit percentage of par amount Solvency II price" shall not be reported simultaneously (BV1429)
- The item "Currency" is not applicable for CIC '##75', '##87', '##88' and '##95' (BV1428)
- The item "Issuer Group Code" is not applicable for CIC '##71', '##75', '##87', '##88' and '##9#' (BV1427)
- The item "Issuer Group Name" is not applicable for CIC '##71', '##75', '##87', '##88' and '##9#' (BV1426)
- The item "Issuer Code" is not applicable for CIC '##71', '##75', '##87', '##88' and '##9#' (BV1425)
Every Solvency II rule on S.11.01
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.