Basic information and list of assets: a check on its values (S.01.02, S.06.02, EIOPA rule BV991)

The rule in plain words

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.

EIOPA writes it out as separate checks, one for each table or return it covers. Line4 Check runs two of them (BV991-1 and BV991-3), and a failure names the one that failed.

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.01.02 and S.06.02 as reported.

The cells it reads

Which returns it applies to

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

EIOPA’s own words and formula

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

The item "issuer code" in template S.06.02 - List of assets should be different from the item "undertaking identification code" from template S.01.02 - Basic information for assets with CIC '##8#'.

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.