For IM and PIM, the values reported for Solvency Capital Requirement, in S.25.05 should correspond to those provided in S.26.08 (S.01.02, S.25.05, S.26.08, EIOPA rule BV2540-1)

The rule in plain words

EIOPA writes it out as separate checks, one for each table or return it covers. Line4 Check runs 13 of them (BV2540-1-2 to BV2540-1-14), 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. 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.
3. 03It runs only when your filing indicators mark S.01.02, S.25.05 and S.26.08 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 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.

Other rules on Basic information (S.01.02)

Every Solvency II rule on S.01.02

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.