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 (S.11.01, EIOPA rule BV2536)

The rule in plain words

EIOPA writes it out as separate checks, one for each table or return it covers. Line4 Check runs two of them (BV2536-1 and BV2536-2), and a failure names the one that failed.

What to do if your return fails it

1. 01Open the tables below and find the cells the rule reads.
2. 02Compare the code or text in your return with the format the rule sets out, character by character, including any prefix and any spaces.
3. 03It runs only when your filing indicators mark S.11.01 as reported.
4. 04This is a warning. It does not stop the return on its own, but your supervisor may ask you to explain it.

The cells it reads

Which returns it applies to

Line4 Check runs it on annual solo (ARS), annual group (ARG) and annual branch (ARB) returns on EIOPA taxonomy 2.10.0. EIOPA applies it to annual ECB solo (AES), annual ECB branch (AEB), annual solo (ARS), annual branch (ARB) and 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.

Other rules on Assets held as collateral (S.11.01)

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.