The rule in plain words
Items "Issuer Sector", "Issuer Group name", "Issuer Group Code and Type of code" and "Issuer Country" should not be reported for CIC codes '##71', '##75' and '##9#'
The headline gives only the template and the kind of check, because the rule is too long to say in a headline. The plain words above say all of it.
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
- C0190Issuer Sector
- C0200Issuer Group name
- C0210Issuer Group Code and Type of code
- C0230Issuer Country
- C0250CIC
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}.
isNull({t: S.11.01.04.02, c: C0190, z: Z0001}) and isNull({t: S.11.01.04.02, c: C0200, z: Z0001}) and isNull({t: S.11.01.04.02, c: C0210, z: Z0001}) and isNull({t: S.11.01.04.02, c: C0230, z: Z0001})Other rules on Assets held as collateral (S.11.01)
- Assets held as collateral: a conditional check (BV2178)
- For assets classified CIC 84 in template S.11.01 column C0250, there should not be collateral held for assets (in C0140) with CIC 8 (BV2536)
- The item "Maturity date" is only applicable for CIC '##1#', '##2#', '##5#', '##6#', '##8#', '##74' and '##79' (BV1714)
- The item "Maturity date" is only applicable for CIC '##1#', '##2#', '##5#', '##6#', '##8#', '##74' and '##79' (BV1705)
- Items "Issuer Name", "Issuer Sector" and "Issuer Country" should not be reported for CIC codes '##71', '##75' and '##9#' (BV1517)
- Items "Issuer Sector" and "Issuer Country" should not be reported for CIC codes '##71', '##75', '##87', '##88' and '##9#' (BV1516)
- Assets held as collateral: the format of a code or text (BV1515)
- Assets held as collateral: the format of a code or text (BV1514)
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.