The rule in plain words
The item "Total" reported in S.24.01, must be equal to the sum of the items "Tier 1 - unrestricted", "Tier 1 - restricted" and "Tier 2"
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.24.01 as reported.
The cells it reads
Participations held: own funds deductions (S.24.01.01.04)
Rows
- R0010Article 68 (1) deduction
- R0020Article 68 (2) deduction
- R0030Total
Columns
- C0190Total
- C0200Tier 1 - unrestricted
- C0210Tier 1 - restricted
- C0220Tier 2
Which returns it applies to
Line4 Check runs it on annual solo (ARS) and annual branch (ARB) returns on EIOPA taxonomy 2.10.0. EIOPA applies it to annual branch (ARB), annual solo (ARS), annual ECB solo (AES) and annual ECB branch (AEB) 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}.
{t: S.24.01.01.04, c: C0190, z: Z0001} = {t: S.24.01.01.04, c: C0200, z: Z0001} + {t: S.24.01.01.04, c: C0210, z: Z0001} + {t: S.24.01.01.04, c: C0220, z: Z0001}Other rules on Participations held (S.24.01)
- The item "Total" reported in S.24.01, must be equal to the sum of the items "Common Equity Tier 1", "Additional Tier 1" and "Tier 2" (BV1605)Blocking
- The item "Total" reported in S.24.01, must be equal to the sum of the items "Type 1 Equity", "Type 2 Equity" and "Subordinated liabilities" (BV1607)Blocking
- The item "Total" reported in S.24.01, must be equal to the sum of the items "Common Equity Tier 1", "Additional Tier 1" and "Tier 2" (BV1604)Blocking
- The item "Total" reported in S.24.01, must be equal to the sum of the items "Type 1 Equity", "Type 2 Equity" and "Subordinated liabilities" (BV1608)Blocking
- The item "Total" reported in S.24.01, must be equal to the sum of the items "Common Equity Tier 1", "Additional Tier 1" and "Tier 2" (BV1603)Blocking
- The item "Total" reported in S.24.01, must be equal to the sum of the items "Type 1 Equity", "Type 2 Equity" and "Subordinated liabilities" (BV1609)Blocking
- The item "Total" reported in S.24.01, must be equal to the sum of the items "Type 1 Equity", "Type 2 Equity" and "Subordinated liabilities" (BV1610)Blocking
- The item "Total" reported in S.24.01, must be equal to the sum of the items "Type 1 Equity", "Type 2 Equity" and "Subordinated liabilities" (BV1611)Blocking
Every Solvency II rule on S.24.01
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.