2.

Both Annexes II and III to Implementing Regulation (EU) 2015/2450 are corrected as follows: (a) In template S.01.01.Z0020, the second paragraph is deleted; (b) In template S.01.01.C0010 in rows R0260 and R0270, option ‘18 — Not reported as no direct insurance business’ is inserted to the instructions before the option ‘0 — Not reported (in this case special justification is needed)’; (c) In template S.01.01.C0010/R0130, the instructions are replaced by the following: ‘One of the options in the following closed list shall be used: 1 — Reported 4 — Not due as S.06.02 and S.08.01 reported quarterly 5 — Not due as S.06.02 and S.08.01 reported annually 0 — Not reported (in this case special justification is needed)’; (d) In template S.01.01.C0010, in rows R0140, R0150, R0170 and R0180 of the instructions option ‘7 — Not due as no material changes since quarterly submission (this option is only applicable on annual submissions)’ is replaced by the following: ‘7 — Not due annually as reported for Quarter 4 (this option is only applicable on annual submissions)’; (e) In templates S.01.01.C0010/R0460 and C0010/R0840 option ‘2 — Reported due to Article 112 request’ is deleted from the instructions and option ‘16 — Reported due to request of Article 112 of Directive 2009/138/EC’ is inserted to the instructions after the option ‘9 — Not reported as use of full internal model’; (f) In template S.01.01.C0010/R0500 to R0560 and C0010/R0870 to R0930, options ‘16 — Reported due to request of Article 112 of Directive 2009/138/EC’ and ‘17 — Reported twice due to use of PIM’ are inserted to the instructions before the option ‘0 — Not reported other reason (in this case special justification is needed)’; (g) In template S.02.01.C0010-C0020/R0360 the instructions are replaced by the following: ‘Amounts for payment by policyholders, insurers and other linked to insurance business that are not included in technical provisions. It shall include receivables from reinsurance accepted. For Solvency II column (C0010) this cell shall only include amounts past-due.’; (h) In template S.02.01.C0010-C0020/R0370, the instructions are replaced by the following: ‘Amounts for payment by reinsurers and linked to reinsurance business that are not included in reinsurance recoverables. It might include: the amounts from receivables from reinsurers that relate to settled claims of policyholders or beneficiaries; receivables from reinsurers in relation to other than insurance events or settled insurance claims, for example commissions. For Solvency II column (C0010) this cell shall only include amounts past-due.’; (i) In template S.02.01.C0010-C0020/R0810 the wording ‘L20’ is deleted from the code of the item; (j) In templates S.02.01, S.25.01, S.25.02, S.25.03, S.26.01, S.26.02, S.26.03, S.26.04, S.26.05, S.26.06, S.26.07 and S.27.01, in item Z0030, the second paragraph is deleted; (k) In template S.02.01.C0010-C0020/R0820, the instructions are replaced by the following: ‘Amounts payable to policyholders, insurers and other business linked to insurance that are not included in technical provisions. Includes amounts payable to (re)insurance intermediaries (e.g. commissions due to intermediaries but not yet paid by the undertaking). Excludes loans & mortgages due to other insurance companies, if they only relate to financing and are not linked to insurance business (such loans and mortgages shall be reported as financial liabilities). It shall include payables from reinsurance accepted. For Solvency II column (C0010) this cell shall only include amounts past-due’; (l) In template S.02.01.C0010-C0020/R0830, the first paragraph of the instructions is replaced by the following: ‘Amounts payable to reinsurers (in particular current accounts) other than deposits linked to reinsurance business that are not included in reinsurance recoverables. Includes payables to reinsurers that relate to ceded premiums. For Solvency II column (C0010) this cell shall only include amounts past-due.’; (m) In template S.05.01 and S.05.02, all references to ‘financial year’ are replaced by ‘reporting period’; (n) In template S.05.01.C0010 to C0120 in rows R0410, R0420, S.05.01.C0130 to C0160 in rows R0430, S.05.01.C0010 to C0160 in row R0500, S.05.01.C0210 to C0280 in rows R1710 and R1800, S.05.02.C0080 to C0140 in rows R0410, R0420, R0430 and R0500 and in S.05.02.C0220 to C0280 in rows R1710 and R1800, at the end of the instructions the following is added: ‘This item shall be reported as a positive amount if the variation is negative (reduction of other technical provisions leading to a profit) or as a negative amount if variation is positive (increase of other technical provisions leading to a loss).’; (o) In template S.05.01 in C0010 to C0160/R0440 and C0210 to C0280/R1720, and in S.05.02 in C0080 to C0140/R0440 and C0220 to C0280/R1720 at the end of the instructions the following is added: ‘This item shall be reported as a positive amount if the variation is negative or as a negative amount if variation is positive.’; (p) In template S.05.02, after the first sentence of the first paragraph of the general comments the following is added: ‘The template is not due when the thresholds for reporting by country described below are not applicable, i.e. the home country represents 90 % or more of the total gross written premiums.’; (q) In template S.06.02.C0170, the second bullet point of the instructions is replaced by the following: ‘the multiplication of “Quantity” by “Unit Solvency II price”, for assets where these two items are relevant (plus “Accrued interest” if applicable)’; (r) In template S.06.02.C0180, in the first sentence of the instructions word ‘securities’ is replaced by ‘assets’; (s) In template S.06.02.C0050, option ‘7 — Reuters RIC (Reuters instrument code)+’ from the closed list in the instructions is replaced by ‘7 — Reuters RIC (Reuters instrument code)’; (t) In template S.06.02.C0050, at the end of the last sentence of the instructions reference to ‘9/1’ is replaced by ‘99/1’; (u) In template S.06.02.C0320, first three paragraphs of the instructions are replaced by the following: ‘Applicable at least to CIC categories 1, 2, 5, 6 and 8 (Mortgages and Loans, other than mortgages and loans to natural persons), where available. This is the issue rating of the asset at the reporting reference date as provided by the nominated credit assessment institution (ECAI). If an issue rating is not available, the item shall be left blank.’; (v) In template S.06.02.C0340, the first sentence of the instructions is replaced by the following: ‘Applicable to any asset for which Credit quality step needs to be attributed for the purpose of SCR calculation.’; (w) In template S.06.02.C0350, the first sentence of the instructions is deleted and the second paragraph is replaced by the following: ‘Applicable at least to CIC categories 1, 2, 5, 6 and 8 (Mortgages and Loans, other than mortgages and loans to natural persons), where available.’ (x) In template S.06.03, the second sentence of the second paragraph of the general comments is replaced by the following: ‘Considering proportionality and specific instructions of the template, the look through shall be performed until the asset categories, countries and currencies are identified. In case of funds of funds the look–through shall follow the same approach.’; (y) In template S.06.03.C0060, the second paragraph of the instructions is replaced by the following: ‘For liabilities a positive amount shall be reported, unless the item is a derivative liability.’; (z) In template S.07.01.C0160, the following sentence is added at the end of the instructions: ‘When needed this item may be reported as a string to reflect how the return is calculated.’; (aa) In template S.07.01.C0170, the wording ‘e.g. 5 % shall be reported as 0,05’ is deleted from the first paragraph of the instructions; (bb) In template S.08.01.C0090, in the second paragraph fourth point is changed as follows: ‘“CAU/Multiple assets/liabilities”, if the underlying assets or liabilities are more than one’ (cc) In template S.08.01.C0140, from the first sentence of the instructions the following words are deleted: ‘(currency, credit and securities swaps)’; (dd) In template S.08.01.C0150, the instructions are replaced by the following: ‘The payment made (if bought), for options and also up–front and periodical premium amounts paid for swaps, since the moment the undertaking entered into the derivative contract.’; (ee) In template S.08.01.C0160, the instructions are replaced by the following: ‘The payment received (if sold), for options and also up–front and periodical premium amounts received for swaps, since the moment the undertaking entered into the derivative contract.’; (ff) In template S.08.01.C0290, the second paragraph of the instructions is replaced by the following: ‘The rating of the counterparty of the derivative at the reporting reference date as provided by the nominated credit assessment institution (ECAI).’; (gg) In template S.08.01.C0290, after the second paragraph of the instructions the following is inserted: ‘If an issuer rating is not available, the item shall be left blank.’; (hh) In template S.08.02, the second sentence of the fourth paragraph of the general comments is replaced by the following: ‘They are considered liabilities if their Solvency II value is negative.’; (ii) In template S.08.02.C0090, in the second paragraph of the instructions fourth point is changed as follows: ‘“CAU/Multiple assets/liabilities”, if the underlying assets or liabilities are more than one’; (jj) In template S.08.02.C0140, the instructions are replaced by the following: ‘The payment made (if bought), for options and also up–front and periodical premium amounts paid for swaps, since the moment the undertaking entered into the derivative contract.’; (kk) In template S.08.02.C0150, the instructions are replaced by the following: ‘The payment received (if sold), for options and also up–front and periodical premium amounts received for swaps, since the moment the undertaking entered into the derivative contract.’; (ll) In template S.08.02.C0160, the first paragraph of the instructions is replaced by the following: ‘Amount of profit and loss arising from the derivative since the moment the undertaking entered into the derivative contract, realised at the closing/maturing date. Corresponds to the difference between the value (price) at sale date and the value (price) at acquisition date.’; (mm) In template S.09.01.C0100 and C0110, the last sentence of the instructions is replaced by the following: ‘This calculation shall be performed without interest accrued.’; (nn) In template S.22.01, all references to ‘adjustment to the technical provisions’ are replaced by ‘adjustment to the gross technical provisions’; (oo) In template S.22.01, all references to ‘Total amount of technical provisions’ are replaced by ‘Total amount of gross technical provisions’; (pp) In template S.22.01.C0020, in rows R0010 to R0090 at the end of the instructions a new paragraph is inserted: ‘If transitional deduction to technical provisions is not applicable report the same amount as in C0010.’; (qq) In template S.22.01.C0030/R0020, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the basic own funds calculated considering the technical provisions without transitional deduction to technical provisions and the basic own funds calculated with the technical provisions with LTG and transitional measures.’; (rr) In template S.22.01.C0030/R0030, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the excess of assets over liabilities calculated considering the technical provisions without transitional deduction to technical provisions and the excess of assets over liabilities calculated with the technical provisions with LTG and transitional measures.’; (ss) In template S.22.01.C0030/R0040, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the restricted own funds due to ring–fencing calculated considering the technical provisions without transitional deduction to technical provisions and the restricted own funds due to ring–fencing calculated with the technical provisions with LTG and transitional measures.’; (tt) In template S.22.01.C0030/R0050, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the eligible own funds to meet SCR calculated considering the technical provisions without transitional deduction to technical provisions and the eligible own funds to meet SCR calculated with the technical provisions with LTG and transitional measures.’; (uu) In template S.22.01.C0030/R0060, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the eligible own funds to meet SCR–Tier 1 calculated considering the technical provisions without transitional deduction to technical provisions and the eligible own funds to meet SCR–Tier 1 calculated with the technical provisions with LTG and transitional measures.’; (vv) In template S.22.01.C0030/R0070, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the eligible own funds to meet SCR–Tier 2 calculated considering the technical provisions without transitional deduction to technical provisions and the eligible own funds to meet SCR–Tier 2 calculated with the technical provisions with LTG and transitional measures.’; (ww) In template S.22.01.C0030/R0080, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the eligible own funds to meet SCR–Tier 3 calculated considering the technical provisions without transitional deduction to technical provisions and the eligible own funds to meet SCR–Tier 3 calculated with the technical provisions with LTG and transitional measures.’; (xx) In template S.22.01.C0030/R0090, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the SCR calculated considering the technical provisions without transitional deduction to technical provisions and the SCR calculated with the technical provisions with LTG and transitional measures.’; (yy) In template S.22.01.C0040, in rows R0010 to R0090 at the end of the instructions a new paragraph is inserted: ‘If transitional adjustment to the relevant risk-free interest rate term structure is not applicable report the same amount as in C0020.’; (zz) In template S.22.01.C0050/R0020, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the basic own funds calculated considering the technical provisions without transitional adjustment to the relevant risk-free interest rate term structure and the basic own funds calculated with the technical provisions reported under C0020.’; (aaa) In template S.22.01.C0050/R0030, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the excess of assets over liabilities calculated considering the technical provisions without transitional adjustment to the relevant risk-free interest rate term structure and the excess of assets over liabilities calculated with the technical provisions reported under C0020.’; (bbb) In template S.22.01.C0050/R0040, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the restricted own funds due to ring–fencing calculated considering the technical provisions without transitional adjustment to the relevant risk-free interest rate term structure and the restricted own funds due to ring–fencing calculated with the technical provisions reported under C0020.’; (ccc) In template S.22.01.C0050/R0050, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the eligible own funds to meet SCR calculated considering the technical provisions without transitional adjustment to the relevant risk-free interest rate term structure and the eligible own funds to meet SCR calculated with the technical provisions reported under C0020.’; (ddd) In template S.22.01.C0050/R0060, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the eligible own funds to meet SCR–Tier 1 calculated considering the technical provisions without transitional adjustment to the relevant risk-free interest rate term structure and the eligible own funds to meet SCR–Tier 1 calculated with the technical provisions reported under C0020.’; (eee) In template S.22.01.C0050/R0070, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the eligible own funds to meet SCR–Tier 2 calculated considering the technical provisions without transitional adjustment to the relevant risk-free interest rate term structure and the eligible own funds to meet SCR–Tier 2 calculated with the technical provisions reported under C0020.’; (fff) In template S.22.01.C0050/R0080, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the eligible own funds to meet SCR–Tier 3 calculated considering the technical provisions without transitional adjustment to the relevant risk-free interest rate term structure and the eligible own funds to meet SCR–Tier 3 calculated with the technical provisions reported under C0020.’; (ggg) In template S.22.01.C0050/R0090, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the SCR calculated considering the technical provisions without transitional adjustment to the relevant risk-free interest rate term structure and the SCR calculated with the technical provisions reported under C0020.’; (hhh) In template S.22.01.C0060 in rows R0010 to R0090 at the end of the instructions a new paragraph is inserted as follows: ‘If volatility adjustment is not applicable report the same amount as in C0040.’; (iii) In template S.22.01.C0070/R0020, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the basic own funds calculated considering the technical provisions without volatility adjustment and without other transitional measures and the basic own funds calculated with the technical provisions reported under C0040.’; (jjj) In template S.22.01.C0070/R0030, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the excess of assets over liabilities calculated considering the technical provisions without volatility adjustment and without other transitional measures and the excess of assets over liabilities calculated with the technical provisions reported under C0040.’; (kkk) In template S.22.01.C0070/R0040, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the restricted own funds due to ring–fencing calculated considering the technical provisions without volatility adjustment and without other transitional measures and the restricted own funds due to ring–fencing calculated with the technical provisions reported under C0040.’; (lll) In template S.22.01.C0070/R0050, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the eligible own funds to meet SCR calculated considering the technical provisions without volatility adjustment and without other transitional measures and the eligible own funds to meet SCR calculated with the technical provisions reported under C0040.’; (mmm) In template S.22.01.C0070/R0060, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the eligible own funds to meet SCR–Tier 1 calculated considering the technical provisions without volatility adjustment and without other transitional measures and the eligible own funds to meet SCR–Tier 1 calculated with the technical provisions reported under C0040.’; (nnn) In template S.22.01.C0070/R0070, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the eligible own funds to meet SCR–Tier 2 calculated considering the technical provisions without volatility adjustment and without other transitional measures and the eligible own funds to meet SCR–Tier 2 calculated with the technical provisions reported under C0040.’; (ooo) In template S.22.01.C0070/R0080, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the eligible own funds to meet SCR–Tier 3 calculated considering the technical provisions without volatility adjustment and without other transitional measures and the eligible own funds to meet SCR–Tier 3 calculated with the technical provisions reported under C0040.’; (ppp) In template S.22.01.C0070/R0090, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the SCR calculated considering the technical provisions without volatility adjustment and without other transitional measures and the SCR calculated with the technical provisions reported under C0040.’; (qqq) In template S.22.01.C0080, in rows R0010 to R0090, at the end of the instructions, a new paragraph is inserted: ‘If matching adjustment is not applicable report the same amount as in C0060.’; (rrr) In template S.22.01.C0090/R0020, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the basic own funds calculated considering the technical provisions without matching adjustment and without all the other transitional measures and the basic own funds calculated with the technical provisions reported under C0060.’; (sss) In template S.22.01.C0090/R0030, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the excess of assets over liabilities calculated considering the technical provisions without matching adjustment and without all the other transitional measures and the excess of assets over liabilities calculated with the technical provisions reported under C0060.’; (ttt) In template S.22.01.C0090/R0040, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the restricted own funds due to ring–fencing calculated considering the technical provisions without matching adjustment and without all the other transitional measures and the restricted own funds due to ring–fencing calculated with the technical provisions reported under C0060.’; (uuu) In template S.22.01.C0090/R0050, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the eligible own funds to meet SCR calculated considering the technical provisions without matching adjustment and without all the other transitional measures and the eligible own funds to meet SCR calculated with the technical provisions reported under C0060.’; (vvv) In template S.22.01.C0090/R0060, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the eligible own funds to meet SCR–Tier 1 calculated considering the technical provisions without matching adjustment and without all the other transitional measures and the eligible own funds to meet SCR–Tier 1 calculated with the technical provisions reported under C0060.’; (www) In template S.22.01.C0090/R0070, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the eligible own funds to meet SCR–Tier 2 calculated considering the technical provisions without matching adjustment and without all the other transitional measures and the eligible own funds to meet SCR–Tier 2 calculated with the technical provisions reported under C0060.’; (xxx) In template S.22.01.C0090/R0080, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the eligible own funds to meet SCR–Tier 3 calculated considering the technical provisions without matching adjustment and without all the other transitional measures and the eligible own funds to meet SCR–Tier 3 calculated with the technical provisions reported under C0060.’; (yyy) In template S.22.01.C0090/R0090, the second paragraph of the instructions is replaced by the following: ‘It shall be the difference between the SCR calculated considering the technical provisions without matching adjustment and without all the other transitional measures and the SCR calculated with the technical provisions reported under C0060.’; (zzz) In template S.26.06.R0100/C0020, at the end of the first sentence of the instructions ‘, excluding unit-linked’ is inserted; (aaaa) In template S.26.06.R0200/C0020 and R0230/C0020, in the instructions after the wording ‘insurance obligations,’ the following text is inserted ‘excluding unit-linked’; (bbbb) In template S.31.01.C0150, after the first sentence in the instructions, a new sentence is inserted as follows: ‘Corresponds to the sum of the amounts reported in C0120, C0130 and C0140.’; (cccc) In template S.31.01.C0210, at the end of the instructions, a second and a third paragraph are inserted as follows: ‘If the rating is not available the item shall be left blank and the reinsurer shall be identified as “9 — no rating available” in column C0230 (Credit quality step). This item is not applicable to reinsurers for which undertakings using internal model use internal ratings. If undertakings using internal model do not use internal rating, this item shall be reported.’; (dddd) In template S.31.02.C0270, the instructions are replaced by the following: ‘Rating of the SPV (if any) that is considered by the undertaking and provided by an external rating agency. If the rating is not available the item shall be left blank and the SPV shall be identified as “9 — no rating available” in column C0290 (Credit quality step). This item is not applicable to SPVs for which undertakings using internal model use internal ratings. If undertakings using internal model do not use internal rating, this item shall be reported.’; (eeee) In template S.36.02.C0180, in the second paragraph, fourth point is corrected as follows: ‘“CAU/Multiple assets/liabilities”, if the underlying assets or liabilities are more than one’; (ffff) In template S.36.02.C0190, at the end of the instructions, the following new paragraph is inserted: ‘This item is not reported for derivatives which have as underlying more than one asset or liability.’.