The rule in plain words
Items "Legal name of the undertaking", "Aggregated or not" and "Type of capital requirement" must always be provided
What to do if your return fails it
- 01Open the table 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.34.01 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
Other regulated and non-regulated financial undertakings including insurance holding companies and mixed financial holding company individual requirements (S.34.01.04.01)
Columns
- C0010Legal name of the undertaking
- C0040Aggregated or not
- C0050Type of capital requirement
- C0060Notional SCR or Sectoral capital requirement
- C0070Notional MCR or Sectoral minimum capital requirement
- C0080Notional or Sectoral Eligible Own Funds
- C0085Contribution of solo (notional) SCR to the group SCR
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.34.01.04.01, c: C0060, z: Z0001})) or not(isNull({t: S.34.01.04.01, c: C0070, z: Z0001})) or not(isNull({t: S.34.01.04.01, c: C0080, z: Z0001})) or not(isNull({t: S.34.01.04.01, c: C0085, z: Z0001})) then not(isNull({t: S.34.01.04.01, c: C0010, z: Z0001})) and not(isNull({t: S.34.01.04.01, c: C0040, z: Z0001})) and not(isNull({t: S.34.01.04.01, c: C0050, z: Z0001})) else false()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.
