The rule in plain words
Branch Type and Country of Establishment fields must not be reported for Head Office
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.04.03 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
Basic information - list of underwriting entities: list of underwriting entities (S.04.03.01.01)
Columns
- C0020Type of underwriting entity
- C0030Type of branch localisation
- C0040Country of establishment
Which returns it applies to
Line4 Check runs it on annual solo (ARS) return on EIOPA taxonomy 2.10.0. EIOPA applies it to annual solo (ARS) and annual ECB solo (AES) 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 {t: S.04.03.01.01, c: C0020} = [s2c_LB:x245] then isNull({t: S.04.03.01.01, c: C0030}) and isNull({t: S.04.03.01.01, c: C0040}) else true()Other rules on Basic information - list of underwriting entities (S.04.03)
- "Underwriting entity code" (S.04.03.01.01 C0010) does not follow "^LEI/[A-Z0-9]{20}$" or "^SC/.*$" pattern (BV2071)Blocking
- Basic information - list of underwriting entities: a conditional check (BV2072)Blocking
- Basic information - list of underwriting entities: type of branch localisation and Country of establishment must be reported for Branches (BV2073)Blocking
- Basic information - list of underwriting entities: an EEA branch can only be in the EEA (BV2075)Blocking
- Basic information - list of underwriting entities: A non-EEA branch cannot be in an EEA country (BV2076)Blocking
- All entity IDs mentioned in Z0020 in S.04.04 or S.04.05 need to be presented in S.04.03 C0010 (BV1976)Blocking
- A non-EEA branch can't write business via FPS (BV2169)Blocking
- A non-EEA branch can't write business via FPS (BV2171)
Every Solvency II rule on S.04.03
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.
