The item "Country of custody" in List of assets must not be reported for assets with CIC '##71', '##75', '##8#' or '##95' (S.06.02, EIOPA rule BV779)

The rule in plain words

EIOPA writes it out as separate checks, one for each table or return it covers. Line4 Check runs three of them (BV779-2 to BV779-5), 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. 02Remove the value from this cell where the rule applies. A 0 is a value too, so leave the cell out of the return altogether.
3. 03It runs only when your filing indicators mark S.06.02 as reported.
4. 04This is a blocking check. A return that fails it is normally rejected, so fix it before you submit.

The cells it reads

Which returns it applies to

Line4 Check runs it on quarterly solo (QRS), quarterly group (QRG) and quarterly branch (QRB) returns on EIOPA taxonomy 2.10.0. EIOPA applies it to quarterly branch (QRB), annual branch (ARB), financial stability group (QFG), quarterly group (QRG), annual group (ARG), quarterly solo (QRS) and annual solo (ARS) returns, as a blocking check.

EIOPA’s own words and formula

In EIOPA’s list of validations, word for word:

The item "Country of custody" in S.06.02 - List of assets must not be reported for assets with CIC '##71', '##75', '##8#' or '##95'.

Other rules on List of assets (S.06.02)

Every Solvency II rule on S.06.02

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.