The rule in plain words
Item "Par amount" in List of assets (S.06.02) must not be reported if 'quantity' is reported or for CIC codes different than '##71' and '##9#'
EIOPA writes it out as separate checks, one for each table or return it covers. Line4 Check runs three of them (BV790-2 to BV790-5), and a failure names the one that failed.
What to do if your return fails it
- 01Open the tables 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.06.02 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
List of assets: information on positions held (S.06.02.01.01)
Columns
- C0130Quantity
- C0140Par amount
List of assets: information on assets (S.06.02.01.02)
Column
- C0290CIC
List of assets: information on positions held (S.06.02.04.01)
Columns
- C0130Quantity
- C0140Par amount
List of assets: information on assets (S.06.02.04.02)
Column
- C0290CIC
List of assets: information on positions held (S.06.02.07.01)
Columns
- C0130Quantity
- C0140Par amount
List of assets: information on assets (S.06.02.07.02)
Column
- C0290CIC
Which returns it applies to
Line4 Check runs it on quarterly solo (QRS), quarterly group (QRG), quarterly branch (QRB), annual solo (ARS), annual group (ARG), annual branch (ARB) and financial stability group (QFG) 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:
Item "Par amount" in S.06.02 - List of assets must not be reported if 'quantity' is reported or for CIC codes different than '##71' and '##9#'.
Show the formulaShowHide
EIOPA's formula, for BV790-5. Cells are written as {t: table, r: row, c: column}.
if (not(isNull({t: S.06.02.01.01, c: C0130, z: Z0001}))) then isNull({t: S.06.02.01.01, c: C0140, z: Z0001}) else true()BV790-2:
if (not(isNull({t: S.06.02.07.01, c: C0130, z: Z0001}))) then isNull({t: S.06.02.07.01, c: C0140, z: Z0001}) else true()BV790-3:
if (not(isNull({t: S.06.02.04.01, c: C0130, z: Z0001}))) then isNull({t: S.06.02.04.01, c: C0140, z: Z0001}) else true()Other rules on List of assets (S.06.02)
- The item "Duration" in List of assets should be reported for assets with CIC ##1#, ##2#, ##5#, ##6# or when applicable CIC##4# (BV789)
- The item "CIC" reported in List of assets is not valid (BV791)Blocking
- The item "Item title" in List of assets must be reported for assets with CIC different from' ##71', '##75' or '##95' (BV788)Blocking
- List of assets: a cell must be reported (BV792)
- Items “Unit Solvency II price” and “Unit percentage of par amount Solvency II price” in List of assets must not be reported simultaneously (BV787)Blocking
- List of assets: a cell must be left empty (BV786)Blocking
- List of assets: a conditional check (BV785)Blocking
- List of assets: a conditional check (BV784)
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.