COMMISSION IMPLEMENTING REGULATION (EU) 2021/897
of 4 March 2021
laying down implementing technical standards for the application of Regulation (EU) 2019/1238 of the European Parliament and of the Council with regard to the format of supervisory reporting to the competent authorities and the cooperation and exchange of information between competent authorities and with the European Insurance and Occupational Pensions Authority
(Text with EEA relevance)
CHAPTER I
QUANTITATIVE SUPERVISORY REPORTING
Article 1
Formats of supervisory reporting
Article 2
Reporting currency
Article 3
Templates for annual quantitative reporting
Article 4
Appropriateness of the information submitted
CHAPTER II
GENERAL PROVISIONS ON COOPERATION AND EXCHANGE OF INFORMATION
Article 5
General principles
Article 6
Single contact points
Article 7
Means of exchange of information
Article 8
Currency
CHAPTER III
COOPERATION AND EXCHANGE OF INFORMATION IN THE REGISTRATION AND DEREGISTRATION PROCESS
Article 9
Registration of a PEPP
Article 10
Opening a new sub-account
Article 11
Information on national provisions
Article 12
Deregistration of a PEPP
CHAPTER IV
ONGOING COOPERATION AND REGULAR EXCHANGE OF INFORMATION
Article 13
Cooperation between competent authorities and with EIOPA
Article 14
Regular exchange of information
CHAPTER V
AD HOC COOPERATION AND EXCHANGE OF INFORMATION
Article 15
Submission of a request for cooperation or exchange of information
Article 16
Reply to a request for cooperation or exchange of information
Article 17
Cooperation and exchange of information in case of infringements
Article 18
Entry into force
ANNEX I
REPORTING TEMPLATES
PP.01.01.33
CONTENT OF THE SUBMISSION
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C0010 |
Template Code - Template name |
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PP.01.02.33 - Basic Information - General |
R0010 |
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PP.52.01.33 – PEPP and PEPP saver information |
R0020 |
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PP.06.02.33 - List of assets |
R0030 |
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PP.06.03.33 - Collective investment undertakings - look - through approach |
R0040 |
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PP.08.03.33 – Aggregate information on open derivatives |
R0050 |
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PP.01.02.33
BASIC INFORMATION – GENERAL
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C0010 |
PEPP name |
R0010 |
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PEPP registration number |
R0020 |
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Language of reporting |
R0030 |
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Reporting submission date |
R0040 |
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Financial year end |
R0050 |
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Reporting reference date |
R0060 |
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Regular/Ad hoc submission |
R0070 |
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Currency used for reporting |
R0090 |
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Product still commercialised? |
R0260 |
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Type of entity |
R0270 |
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Use of common pool of assets for all investments options |
R0280 |
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PP.52.01.33
PEPP AND PEPP SAVER INFORMATION (1)
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Costs |
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Administration costs |
Distribution costs |
Investment costs |
Costs of capital guarantees, if any |
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Costs of advice |
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C0020 |
C0040 |
C0050 |
C0060 |
C0100 |
Basic PEPP |
R0010 |
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Alternative investment options |
R0040 |
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PEPP AND PEPP SAVER INFORMATION (2)
Country |
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Number of PEPP savers |
Financial and saver flows |
… |
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Total gross contributions received |
Total gross investment returns |
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C0150 |
C0160 |
C0170 |
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Basic PEPP |
R0010 |
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Commercialised in the country |
R0020 |
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In run-off |
R0030 |
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Alternative investment options |
R0040 |
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Commercialised in the country |
R0050 |
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In run-off |
R0060 |
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Financial and saver flows |
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… |
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Number of notifications in accordance with Article 20(1) received from PEPP savers that have changed their residence to another Member State |
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Benefit payments not related to retirement |
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Total benefit payments |
Benefit payments related to retirement |
Benefit payments related to retirement paid through annuities |
Benefit payments related to retirement paid through lump sum |
Benefit payments related to retirement paid through drawdown payments |
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C0190 |
C0200 |
C0210 |
C0220 |
C0230 |
C0240 |
C0250 |
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Financial and saver flows |
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Assets |
Obligations |
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Number of requests for opening a sub-account in accordance with Article 20(2) of Regulation (EU) 2019/1238 |
Number of sub-accounts opened in accordance with Article 20(2) of Regulation (EU) 2019/1238 |
Number of requests from PEPP savers for switching in accordance with Article 20(5)(a) of Regulation (EU) 2019/1238 |
Actual transfers made in accordance with Article 20(5)(a) of Regulation (EU) 2019/1238 |
Number of requests from PEPP savers for switching made in accordance with Article 52(3) of Regulation (EU) 2019/1238 |
Actual transfers made in accordance with Article 52(3) of Regulation (EU) 2019/1238 |
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C0260 |
C0270 |
C0280 |
C0290 |
C0300 |
C0310 |
C0320 |
C0330 |
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Number of complaints |
C0340 |
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PP.06.02.33
LIST OF ASSETS
INFORMATION ON POSITIONS HELD
Asset ID Code and Type of code |
Basic PEPP/alternative investment options |
Country of custody |
Custodian |
Quantity |
… |
C0011 |
C0010 |
C0040 |
C0050 |
C0060 |
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Par amount |
Valuation method |
Acquisition value |
Accrued interest |
Market asset value |
C0070 |
C0075 |
C0080 |
C0090 |
C0100 |
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INFORMATION ON ASSETS
Asset ID Code and Type of code |
Item title |
Issuer name |
Issuer code and Type of issuer code |
Issuer sector |
… |
C0011 |
C0130 |
C0140 |
C0150 |
C0170 |
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Issuer group |
Issuer Group Code and Type of issuer group code |
Issuer country |
Currency |
CIC |
… |
C0180 |
C0190 |
C0210 |
C0220 |
C0230 |
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Alternative investment |
External rating |
Nominated ECAI |
Unit price |
Unit percentage of par amount price |
Duration |
Maturity date |
C0240 |
C0250 |
C0260 |
C0370 |
C0380 |
C0270 |
C0280 |
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PP.06.03.33
COLLECTIVE INVESTMENT UNDERTAKINGS – LOOK-THROUGH APPROACH
Collective Investments Undertaking ID Code and Type of code |
Underlying asset category |
Country of issue |
Currency |
Total amount |
C0010 |
C0030 |
C0040 |
C0050 |
C0060 |
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PP.08.03.33
INFORMATION ON POSITIONS HELD – NOTIONAL AMOUNT
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Notional amount |
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Basic PEPP |
Alternative investment |
PEPP assets |
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C0010 |
C0030 |
C0050 |
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Interest rate swaps (D1) |
R0010 |
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Forward exchange rate agreement (F2) |
R0020 |
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Other derivatives |
R0030 |
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INFORMATION ON POSITIONS HELD – VALUE
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Value |
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Basic PEPP |
Alternative investment options |
PEPP assets |
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C0020 |
C0040 |
C0060 |
Interest rate swaps (D1) |
R0010 |
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Forward exchange rate agreement (F2) |
R0020 |
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Other derivatives |
R0030 |
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ANNEX II
INSTRUCTIONS ON REPORTING TEMPLATES
PP.01.01.33 – Content of the submission
General comments:
TABLE ORDINATE |
ITEM |
INSTRUCTIONS |
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C0010/R0010 |
PP.01.02.33 – Basic Information – General |
This template shall always be reported. The only possible option is: 1 – Reported |
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C0010/R0020 |
PP.52.01.33 – PEPP and PEPP saver information |
One of the options in the following closed list shall be used:
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C0010/R0030 |
PP.06.02.33 – List of assets |
One of the options in the following closed list shall be used:
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C0010/R0040 |
PP.06.03.33 – Collective investment undertakings – look-through approach |
One of the options in the following closed list shall be used:
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C0010/R0050 |
PP.08.03.33– Aggregate information on open derivatives |
One of the options in the following closed list shall be used:
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PP.01.02 – Basic information – General
General comments:
TABLE ORDINATE |
ITEM |
INSTRUCTIONS |
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C0010/R0010 |
PEPP name |
Commercial name of PEPP (undertaking-specific). |
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C0010/R0020 |
PEPP registration number |
Registration number for the PEPP, which is attributed by the EIOPA. |
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C0010/R0030 |
Language of reporting |
Identify the 2-letter code of ISO 639-1 code of the language used in the submission of information. |
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C0010/R0040 |
Reporting submission date |
Identify the ISO 8601 (yyyy-mm-dd) code of the date when the reporting to the supervisory authority is made. |
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C0010/R0050 |
Financial year end |
Identify the ISO 8601 (yyyy-mm-dd) code of the financial year end of the undertaking, e.g. 2017-12-31. |
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C0010/R0060 |
Reporting reference date |
Identify the ISO 8601 (yyyy-mm-dd) code of the date identifying the last day of the reporting period. |
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C0010/R0070 |
Regular/Ad hoc submission |
Identify if the submission of information relates to regular submission of information or ad-hoc. The following closed list of options shall be used:
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C0010/R0090 |
Currency used for reporting |
Identify the ISO 4217 alphabetic code of the currency of the monetary amounts used in each report. |
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C0010/R0260 |
PEPP still commercialised? |
Specify if product is still for sale or if it is just in runoff. The following closed list shall be used:
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C0010/R0270 |
Type of entity |
Specify the type of entity to which PEPP provider submitting the data for its PEPP is falling into. The following closed list shall be used:
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C0010/R0280 |
Use of common pool of assets for all investments options |
Specify if the common pool of assets for all investment options is used. The following closed list shall be used:
2 – No |
PP.52.01 – PEPP and PEPP saver
Information – General comments:
PEPP and PEPP saver information (1)
TABLE ORDINATE |
ITEM |
INSTRUCTIONS |
C0020/R0010 |
Administration costs of Basic PEPP |
Total amount of administrative costs related to the administration of the PEPP, charged to the PEPP saver during the reporting period. The amount relates to one-off and recurring costs of Basic PEPP. |
C0040/R0010 |
Distribution costs of Basic PEPP |
Total amount of costs related to the distribution of the PEPP, The amount relates to one-off and recurring costs of Basic PEPP. |
C0050/R0010 |
Costs of advice of Basic PEPP |
Total amount of costs related to the costs of advice of the PEPP, charged during the reporting period. The amount relates to one-off and recurring costs of Basic PEPP. |
C0060/R0010 |
Investment costs of Basic PEPP |
Total amount of investment costs related to the PEPP, charged during the reporting period. These costs cover the charges related to safekeeping of assets, activities stemming from performing transaction operations and other costs related to the investment activities but not attributable to two categories mentioned above. The amount relates to one-off and recurring costs of Basic PEPP. |
C0100/R0010 |
Costs of the capital guarantees, if any, of Basic PEPP |
Total amount of costs of the capital guarantees of the PEPP, charged during the reporting period. The amount relates to one-off and recurring costs of Basic PEPP. |
C0020/R0040 |
Administration costs of alternative investment options |
Total amount of administrative costs related to the administration of the PEPP, charged to the PEPP saver during the reporting period. The amount relates to one-off and recurring costs of alternative investment options. |
C0040/R0040 |
Distribution costs of alternative investment options |
Total amount of costs related to the distribution of the PEPP. The amount relates to one-off and recurring costs of alternative investment options. |
C0050/R0040 |
Costs of advice of alternative investment options |
Total amount of costs related to the costs of advice of the PEPP, charged during the reporting period. The amount relates to one-off and recurring costs of alternative investment options. |
C0060/R0040 |
Investment costs of alternative investment options |
Total amount of investment costs related to the PEPP, charged during the reporting period. These costs cover the charges related to safekeeping of assets, activities stemming from performing transaction operations and other costs related to the investment activities but not attributable to two categories mentioned above. The amount relates to one-off and recurring costs of alternative investment options. |
PEPP and PEPP saver information (2)
TABLE ORDINATE |
ITEM |
INSTRUCTIONS |
Z0010 |
Country |
ISO 3166 1 alpha 2 code of the home or host Member States of the PEPP. This item shall be filled for each country where a sub-account is available or where the PEPP is provided. |
C0150/R0020 |
Number of PEPP savers in Basic PEPP commercialised in the country |
Number of PEPP savers in Basic PEPP commercialised in the country |
C0160/R0020 |
Total gross contributions received for Basic PEPP commercialised in the country |
Total amount of contributions over the reporting period paid by PEPP savers of Basic PEPP commercialised in the country. |
C0170/R0020 |
Total gross investment returns for Basic PEPP commercialised in the country |
Total amount of gross investment returns allocated to PEPP savers. The value is gross of investment costs of Basic PEPP commercialised in the country. |
C0190/R0020 |
Total benefit payments for Basic PEPP commercialised in the country |
Total amount of benefit payments over the reporting period to PEPP savers for the Basic PEPP commercialised in the country. This amount includes all benefits paid out, i.e. including biometric risks and other possible options included in particular product. |
C0200/R0020 |
Benefit payments related to retirement for Basic PEPP commercialised in the country |
Amount of benefit payment over the reporting period to PEPP savers of Basic PEPP commercialised in the country. This amount includes only benefits related to retirement. |
C0210/R0020 |
Benefit payments related to retirement paid through annuities for Basic PEPP commercialised in the country |
Amount of benefit payments over the reporting period to PEPP savers of Basic PEPP commercialised in the country. This amount includes only benefits related to retirement paid through annuities. |
C0220/R0020 |
Benefit payments related to retirement paid through lump sum for Basic PEPP commercialised in the country |
Amount of benefit payments over the reporting period to PEPP savers of Basic PEPP commercialised in the country. This amount includes only benefits related to retirement paid through a lump sum. |
C0230/R0020 |
Benefit payments related to retirement paid through drawdown payments for Basic PEPP commercialised in the country |
Amount of benefit payments over the reporting period to PEPP savers of Basic PEPP commercialised in the country. This amount includes only benefits related to retirement paid through drawdown payments. |
C0240/R0020 |
Benefit payments not related to retirement for Basic PEPP commercialised in the country |
Amount of benefit payments over the reporting period to PEPP savers of Basic PEPP commercialised in the country. This amount includes only benefits related to non-retirement covers, i.e. biometric risks and other possible options. |
C0250/R0020 |
Number of notifications in accordance with Article 20(1) of Regulation (EU) 2019/1238 received from PEPP savers that have changed their residence to another Member State for Basic PEPP commercialised in the country |
Number of notifications received from PEPP savers of Basic PEPP commercialised in the country related to PEPP saver’s change of residence to another Member State. |
C0260/R0020 |
Number of requests for opening a sub-account in accordance with Article 20(2) of Regulation (EU) 2019/1238 for Basic PEPP commercialised in the country |
Number of requests to open a new sub-account of the Basic PEPP commercialised in the country, received from PEPP savers which informed the PEPP provider about their intention to change the residence to another Member State. |
C0270/R0020 |
Number of sub-accounts opened in accordance with Article 20(2) of Regulation (EU) 2019/1238 for Basic PEPP commercialised in the country |
Number of actual sub-accounts opened of the Basic PEPP commercialised in the country related to requests received from PEPP savers which informed the PEPP provider about their intention to change the residence to another Member State. |
C0280/R0020 |
Number of requests from PEPP savers for switching in accordance with Article 20(5)(a) of Regulation (EU) 2019/1238 for Basic PEPP commercialised in the country |
Number of requests to switch to another PEPP provider, due to the current PEPP provider not being able to create a sub-account related to PEPP savers of Basic PEPP commercialised in the country changing the residence to another Member State. |
C0290/R0020 |
Actual transfers made in accordance with Article 20(5)(a) of Regulation (EU) 2019/1238 for Basic PEPP commercialised in the country |
Amount of actual transfers to another PEPP provider, due to the current PEPP provider not being able to create a sub-account related to PEPP savers of Basic PEPP commercialised in the country changing the residence to another Member State. |
C0300/R0020 |
Number of requests from PEPP savers for switching in accordance with Article 52(3) of Regulation (EU) 2019/1238 for Basic PEPP commercialised in the country |
Number of requests to switch to another PEPP provider upon request from PEPP savers of Basic PEPP commercialised in the country provided in accordance with Article 52(3) of Regulation (EU) 2019/1238 |
C0310/R0020 |
Actual transfers made in accordance with Article 52(3) of Regulation (EU) 2019/1238 for Basic PEPP commercialised in the country |
Amount of actual transfers to another PEPP provider upon request from PEPP savers of Basic PEPP commercialised in the country provided in accordance with Article 52(3) of Regulation (EU) 2019/1238 |
C0320/R0020 |
Assets of Basic PEPP commercialised in the country |
Total amount of assets related to Basic PEPP commercialised in the country. |
C0330/R0020 |
Obligations of Basic PEPP commercialised in the country |
Total amount of technical provisions and other liabilities, where relevant, related to Basic PEPP commercialised in the country. |
C0340/R0020 |
Number of complaints for Basic PEPP commercialised in the country |
The total number of complaints received for the Basic PEPP commercialised in the country over the reporting period. |
C0150/R0030 |
Number of PEPP savers in Basic PEPP in run-off |
Number of PEPP savers in Basic PEPP in run-off |
C0160/R0030 |
Total gross contributions received for Basic PEPP in run-off |
Total amount of contributions over the reporting period paid by PEPP savers of Basic PEPP in run-off. |
C0170/R0030 |
Total gross investment returns for Basic PEPP in run-off |
Total amount of gross investment returns allocated to PEPP savers. The value is gross of investment costs of Basic PEPP in run-off. |
C0190/R0030 |
Total benefit payments for Basic PEPP in run-off |
Total amount of benefit payments over the reporting period to PEPP savers for the Basic PEPP in run-off. This amount includes all benefits paid out, i.e. including biometric risks and other possible options included in particular product. |
C0200/R0030 |
Benefit payments related to retirement for Basic PEPP in run-off |
Amount of benefit payment over the reporting period to PEPP savers of Basic PEPP in run-off. This amount includes only benefits related to retirement. |
C0210/R0030 |
Benefit payments related to retirement paid through annuities for Basic PEPP in run-off |
Amount of benefit payments over the reporting period to PEPP savers of Basic PEPP in run-off. This amount includes only benefits related to retirement paid through annuities. |
C0220/R0030 |
Benefit payments related to retirement paid through lump sum for Basic PEPP in run-off |
Amount of benefit payments over the reporting period to PEPP savers of Basic PEPP in run-off. This amount includes only benefits related to retirement paid through a lump sum. |
C0230/R0030 |
Benefit payments related to retirement paid through drawdown payments for Basic PEPP in run-off |
Amount of benefit payments over the reporting period to PEPP savers of Basic PEPP in run-off. This amount includes only benefits related to retirement paid through drawdown payments. |
C0240/R0030 |
Benefit payments not related to retirement for Basic PEPP in run-off |
Amount of benefit payments over the reporting period to PEPP savers of Basic PEPP in run-off. This amount includes only benefits related to non-retirement covers, i.e. biometric risks and other possible options. |
C0250/R0030 |
Number of notifications in accordance with Article 20(1) of Regulation (EU) 2019/1238 received from PEPP savers that have changed their residence to another Member State for Basic PEPP in run-off |
Number of notifications received from PEPP savers of Basic PEPP in run-off related to PEPP saver’s change of residence to another Member State. |
C0260/R0030 |
Number of requests for opening a sub-account in accordance with Article 20(2) of Regulation (EU) 2019/1238 for Basic PEPP in run-off |
Number of requests to open a new sub-account of the Basic PEPP in run-off, received from PEPP savers which informed the PEPP provider about their intention to change the residence to another Member State. |
C0270/R0030 |
Number of sub-accounts opened in accordance with Article 20(2) of Regulation (EU) 2019/1238 for Basic PEPP in run-off |
Number of actual sub-accounts opened of the Basic PEPP in run-off related to requests received from PEPP savers which informed the PEPP provider about their intention to change the residence to another Member State. |
C0280/R0030 |
Number of requests from PEPP savers for switching in accordance with Article 20(5)(a) of Regulation (EU) 2019/1238 for Basic PEPP in run-off |
Number of requests to switch to another PEPP provider, due to the current PEPP provider not being able to create a sub-account related to PEPP savers of Basic PEPP in run-off changing the residence to another Member State. |
C0290/R0030 |
Actual transfers made in accordance with Article 20(5)(a) of Regulation (EU) 2019/1238 for Basic PEPP in run-off |
Amount of actual transfers to another PEPP provider, due to the current PEPP provider not being able to create a sub-account related to PEPP savers of Basic PEPP in run-off changing the residence to another Member State. |
C0300/R0030 |
Number of requests from PEPP savers for switching in accordance with Article 52(3) of Regulation (EU) 2019/1238 for Basic PEPP in run-off |
Number of requests to switch to another PEPP provider upon request from PEPP savers of Basic PEPP in run-off provided in accordance with Article 52(3) of Regulation (EU) 2019/1238 |
C0310/R0030 |
Actual transfers made in accordance with Article 52(3) f of Regulation (EU) 2019/1238 or Basic PEPP in run-off |
Amount of actual transfers to another PEPP provider upon request from PEPP savers of Basic PEPP in run-off provided in accordance with Article 52(3) of Regulation (EU) 2019/1238 |
C0320/R0030 |
Assets of Basic PEPP in run-off |
Total amount of assets related to Basic PEPP in run-off. |
C0330/R0030 |
Obligations of Basic PEPP in run-off |
Total amount of technical provisions and other liabilities, where relevant, related to Basic PEPP in run-off. |
C0340/R0030 |
Number of complaints for Basic PEPP in run-off |
The total number of complaints received for the Basic PEPP in run-off over the reporting period. |
C0150/R0050 |
Number of PEPP savers in alternative investment options commercialised in the country |
Number of PEPP savers in alternative investment options commercialised in the country |
C0160/R0050 |
Total gross contributions received for alternative investment options commercialised in the country |
Total amount of contributions over the reporting period paid by PEPP savers of alternative investment options commercialised in the country. |
C0170/R0050 |
Total gross investment returns for alternative investment options commercialised in the country |
Total amount of gross investment returns allocated to PEPP savers. The value is gross of investment costs of alternative investment options commercialised in the country. |
C0190/R0050 |
Total benefit payments for alternative investment options commercialised in the country |
Total amount of benefit payments over the reporting period to PEPP savers for the alternative investment options commercialised in the country. This amount includes all benefits paid out, i.e. including biometric risks and other possible options included in particular product. |
C0200/R0050 |
Benefit payments related to retirement for alternative investment options commercialised in the country |
Amount of benefit payment over the reporting period to PEPP savers of alternative investment options commercialised in the country. This amount includes only benefits related to retirement. |
C0210/R0050 |
Benefit payments related to retirement paid through annuities for alternative investment options commercialised in the country |
Amount of benefit payments over the reporting period to PEPP savers of alternative investment options commercialised in the country. This amount includes only benefits related to retirement paid through annuities. |
C0220/R0050 |
Benefit payments related to retirement paid through lump sum for alternative investment options commercialised in the country |
Amount of benefit payments over the reporting period to PEPP savers of alternative investment options commercialised in the country. This amount includes only benefits related to retirement paid through a lump sum. |
C0230/R0050 |
Benefit payments related to retirement paid through drawdown payments for alternative investment options commercialised in the country |
Amount of benefit payments over the reporting period to PEPP savers of alternative investment options commercialised in the country. This amount includes only benefits related to retirement paid through drawdown payments. |
C0240/R0050 |
Benefit payments not related to retirement for alternative investment options commercialised in the country |
Amount of benefit payments over the reporting period to PEPP savers of alternative investment options commercialised in the country. This amount includes only benefits related to non-retirement covers, i.e. biometric risks and other possible options. |
C0240/R0050 |
Number of notifications in accordance with Article 20(1) of Regulation (EU) 2019/1238 received from PEPP savers that have changed their residence to another Member State for alternative investment options commercialised in the country |
Number of notifications received from PEPP savers of alternative investment options commercialised in the country related to PEPP saver’s change of residence to another Member State. |
C0260/R0050 |
Number of requests for opening a sub-account in accordance with Article 20(2) of Regulation (EU) 2019/1238 for alternative investment options commercialised in the country |
Number of requests to open a new sub-account of the alternative investment options commercialised in the country, received from PEPP savers which informed the PEPP provider about their intention to change the residence to another Member State. |
C0270/R0050 |
Number of sub-accounts opened in accordance with Article 20(2) of Regulation (EU) 2019/1238 for alternative investment options commercialised in the country |
Number of actual sub-accounts opened of the alternative investment options commercialised in the country related to requests received from PEPP savers which informed the PEPP provider about their intention to change the residence to another Member State. |
C0280/R0050 |
Number of requests from PEPP savers for switching in accordance with Article 20(5)(a) of Regulation (EU) 2019/1238 for alternative investment options commercialised in the country |
Number of requests to switch to another PEPP provider, due to the current PEPP provider not being able to create a sub-account related to PEPP savers of alternative investment options commercialised in the country changing the residence to another Member State. |
C0290/R0050 |
Actual transfers made in accordance with Article 20(5)(a) of Regulation (EU) 2019/1238 for alternative investment options commercialised in the country |
Amount of actual transfers to another PEPP provider, due to the current PEPP provider not being able to create a sub-account related to PEPP savers of alternative investment options commercialised in the country changing the residence to another Member State. |
C0300/R0050 |
Number of requests from PEPP savers for switching in accordance with Article 52(3) of Regulation (EU) 2019/1238 for alternative investment options commercialised in the country |
Number of requests to switch to another PEPP provider upon request from PEPP savers of alternative investment options commercialised in the country provided in accordance with Article 52(3) of Regulation (EU) 2019/1238 |
C0310/R0050 |
Actual transfers made in accordance with Article 52(3) of Regulation (EU) 2019/1238 for alternative investment options commercialised in the country |
Amount of actual transfers to another PEPP provider upon request from PEPP savers of alternative investment options commercialised in the country provided in accordance with Article 52(3) of Regulation (EU) 2019/1238 |
C0320/R0050 |
Assets of alternative investment options commercialised in the country |
Total amount of assets related to alternative investment options commercialised in the country. |
C0330/R0050 |
Obligations of alternative investment options commercialised in the country |
Total amount of technical provisions and other liabilities, where relevant, related to alternative investment options commercialised in the country. |
C0340/R0050 |
Number of complaints for alternative investment options commercialised in the country |
The total number of complaints received for the alternative investment options commercialised in the country over the reporting period. |
C0149/R0060 |
Number of alternative investment options offered for PEPP product in run-off |
Number of alternative investment options offered for PEPP product in run-off |
C0150/R0060 |
Number of PEPP savers in alternative investment options in run-off |
Number of PEPP savers in alternative investment options in run-off |
C0160/R0060 |
Total gross contributions received for alternative investment options in run-off |
Total amount of contributions over the reporting period paid by PEPP savers of alternative investment options in run-off. |
C0170/R0060 |
Total gross investment returns for alternative investment options in run-off |
Total amount of gross investment returns allocated to PEPP savers. The value is gross of investment costs of alternative investment options in run-off. |
C0190/R0060 |
Total benefit payments for alternative investment options in run-off |
Total amount of benefit payments over the reporting period to PEPP savers for the alternative investment options in run-off. This amount includes all benefits paid out, i.e. including biometric risks and other possible options included in particular product. |
C0200/R0060 |
Benefit payments related to retirement for alternative investment options in run-off |
Amount of benefit payment over the reporting period to PEPP savers of alternative investment options in run-off. This amount includes only benefits related to retirement. |
C0210/R0060 |
Benefit payments related to retirement paid through annuities for alternative investment options in run-off |
Amount of benefit payments over the reporting period to PEPP savers of alternative investment options in run-off. This amount includes only benefits related to retirement paid through annuities. |
C0220/R0060 |
Benefit payments related to retirement paid through lump sum for alternative investment options in run-off |
Amount of benefit payments over the reporting period to PEPP savers of alternative investment options in run-off. This amount includes only benefits related to retirement paid through a lump sum. |
C0230/R0060 |
Benefit payments related to retirement paid through drawdown payments for alternative investment options in run-off |
Amount of benefit payments over the reporting period to PEPP savers of alternative investment options in run-off. This amount includes only benefits related to retirement paid through drawdown payments. |
C0240/R0060 |
Benefit payments not related to retirement for alternative investment options in run-off |
Amount of benefit payments over the reporting period to PEPP savers of alternative investment options in run-off. This amount includes only benefits related to non-retirement covers, i.e. biometric risks and other possible options. |
C0250/R0060 |
Number of notifications in accordance with Article 20(1) of Regulation (EU) 2019/1238 received from PEPP savers that have changed their residence to another Member State for alternative investment options in run-off |
Number of notifications received from PEPP savers of alternative investment options in run-off related to PEPP saver’s change of residence to another Member State. |
C0260/R0060 |
Number of requests for opening a sub-account in accordance with Article 20(2) of Regulation (EU) 2019/1238 for alternative investment options in run-off |
Number of requests to open a new sub-account of the alternative investment options in run-off, received from PEPP savers which informed the PEPP provider about their intention to change the residence to another Member State. |
C0270/R0060 |
Number of sub-accounts opened in accordance with Article 20(2) of Regulation (EU) 2019/1238 for alternative investment options in run-off |
Number of actual sub-accounts opened of the alternative investment options in run-off related to requests received from PEPP savers which informed the PEPP provider about their intention to change the residence to another Member State. |
C0280/R0060 |
Number of requests from PEPP savers for switching in accordance with Article 20(5)(a) of Regulation (EU) 2019/1238 for alternative investment options in run-off |
Number of requests to switch to another PEPP provider, due to the current PEPP provider not being able to create a sub-account related to PEPP savers of alternative investment options in run-off changing the residence to another Member State. |
C0290/R0060 |
Actual transfers made in accordance with Article 20(5) of Regulation (EU) 2019/1238 for alternative investment options in run-off |
Amount of actual transfers to another PEPP provider, due to the current PEPP provider not being able to create a sub-account related to PEPP savers of alternative investment options in run-off changing the residence to another Member State. |
C0300/R0060 |
Number of requests from PEPP savers for switching in accordance with Article 52(3) of Regulation (EU) 2019/1238 for alternative investment options in run-off |
Number of requests to switch to another PEPP provider upon request from PEPP savers of alternative investment options in run-off provided in accordance with Article 52(3) of Regulation (EU) 2019/1238 |
C0310/R0060 |
Actual transfers made in accordance with Article 52(3) of Regulation (EU) 2019/1238 for alternative investment options in run-off |
Amount of actual transfers to another PEPP provider upon request from PEPP savers of alternative investment options in run-off provided in accordance with Article 52(3) of Regulation (EU) 2019/1238 |
C0320/R0060 |
Assets of alternative investment options in run-off |
Total amount of assets related to alternative investment options in run-off. |
C0330/R0060 |
Obligations of alternative investment options in run-off |
Total amount of technical provisions and other liabilities, where relevant, related to alternative investment options in run-off. |
C0340/R0060 |
Number of complaints for alternative investment options in run-off |
The total number of complaints received for the alternative investment options in run-off over the reporting period. |
PP.06.02 – List of assets – General comments:
Information on positions held
TABLE ORDINATE |
ITEM |
INSTRUCTIONS |
||||||||||||||
C0011 |
Asset ID Code and Type of code |
This information combines data about Asset ID code (columns C0010 and C0110 from BoS decision) and Asset ID Code Type (columns C0020 and C0120 from BoS decision) Asset ID code using:
Only if ISIN code is not available:
Type of ID Code used for the ‘Asset ID Code’ item:
|
||||||||||||||
|
|
99 – Code attributed When the same Asset ID code needs to be reported for one asset that is issued in two or more different currencies, it is necessary to specify the Asset ID code and the ISO 4217 alphabetic code of the currency, as in the following example: ‘code+EUR’. In this case, Asset ID Code Type shall refer to option 99 and the option of the original Asset ID code, as in the following example for which the code reported was ISIN code+currency: ‘99/1’. |
||||||||||||||
C0010 |
Basic PEPP/alternative investment options |
Type of PEPP investment option. The differentiation used in this field, is between the basic PEPP and an alternative investment options. Option 3, PEPP assets shall be used in case all PEPP investment options share in the same pool of assets. The following closed list shall be used:
|
||||||||||||||
C0040 |
Country of custody |
ISO 3166-1 alpha-2 code of the country where assets are held in custody. For identifying international custodians, such as Euroclear, the country of custody will be the one corresponding to the legal establishment where the custody service was contractually defined. In case the same type of asset is held in custody in more than one country, each asset shall be reported separately in as many lines as needed in order to properly identify all countries of custody. Regarding property, the issuer country is assessed by the address of the property. |
||||||||||||||
C0050 |
Custodian |
LEI code or, if LEI code is not available, name of the financial institution that is the custodian. In case the same type of asset is held in custody in more than one custodian, each asset shall be reported separately in as many lines as needed in order to properly identify all custodians. |
||||||||||||||
C0060 |
Quantity |
Number of assets, for relevant assets. This item shall not be reported if item Par amount (C0070) is reported. |
||||||||||||||
C0070 |
Par amount |
Principle amount outstanding measured at par amount, for all assets where this item is relevant, and at nominal amount for cash and cash equivalents. This item shall not be reported if item Quantity (C0060) is reported. |
||||||||||||||
C0075 |
Valuation method |
Financial instrument is valued by:
|
||||||||||||||
C0080 |
Acquisition value |
Total acquisition value for assets held, clean value without accrued interest. |
||||||||||||||
C0090 |
Accrued interest |
Quantify the amount of accrued interest after the last coupon date for interest bearing securities. |
||||||||||||||
C0100 |
Market Asset Value |
Market value of the assets. |
Information on assets
TABLE ORDINATE |
ITEM |
INSTRUCTION |
||||||||||||||||||||||||
C0011 |
Asset ID Code and Type of code |
This information combines data about Asset ID code (columns C0010 and C0110 from BoS decision) and Asset ID Code Type (columns C0020 and C0120 from BoS decision) Asset ID code using:
Only if ISIN code is not available:
Type of ID Code used for the ‘Asset ID Code’ item:
99 – Code attributed When the same Asset ID code needs to be reported for one asset that is issued in two or more different currencies, it is necessary to specify the Asset ID code and the ISO 4217 alphabetic code of the currency, as in the following example: ‘code+EUR’. In this case Asset ID Code Type shall refer to option 99 and the option of the original Asset ID code, as in |
||||||||||||||||||||||||
|
|
the following example for which the code reported was ISIN code+currency: ‘99/1’. |
||||||||||||||||||||||||
C0130 |
Item Title |
Name of the asset (or the address in case of property). |
||||||||||||||||||||||||
|
Issuer Name |
Name of the issuer, defined as the entity that issues assets to investors. When available, this item corresponds to the entity name in the LEI database. When this is not available corresponds to the legal name. Regarding Investment fund/shares in investment funds, the issuer name is the name of the fund manager. |
||||||||||||||||||||||||
C0150 |
Issuer code and Type of issuer code |
This information combines data about Issuer Code (column C0150 from BoS decision) and Type of issuer code (column C0160 from BoS decision). Issuer code is using the LEI. If LEI code is not available this item shall not be reported. Regarding Investment fund/shares in investment funds, the issuer code is the code of the fund manager. Identification of the type of code used for the ‘Issuer Code’ item. One of the options in the following closed list shall be used: 1 – LEI 9 – None This item is not applicable to CIC category 8 – Mortgages and Loans, when relating to mortgage and loans to natural persons. This item is not applicable for CIC 71, CIC 75 and CIC category 9 – Property. |
||||||||||||||||||||||||
C0170 |
Issuer Sector |
Economic sector of issuer based on the latest version of NACE code (as published in Annex I to Regulation (EC) No 1893/2006 of the European Parliament and of the Council(7)). The letter reference of the NACE code identifying the Section shall be used as a minimum for identifying sectors (e.g. ‘A’ or ‘A0111’ would be acceptable) except for the NACE relating to Financial and Insurance activities, for which the letter identifying the Section followed by the 4 digits code for the class shall be used (e.g. ‘K6411’). Regarding investment funds, the issuer sector is the sector of the fund manager. |
||||||||||||||||||||||||
C0180 |
Issuer Group |
Name of issuer’s ultimate parent entity. For investment funds the group relation relates to the fund manager. When available, this item corresponds to the entity name in the LEI database. When this is not available corresponds to the legal name. |
||||||||||||||||||||||||
C0190 |
Issuer Group Code and Type of issuer group code |
This information combines data about Issuer Group Code (column C0190 from BoS decision) and Type of issuer group code (column C0200 from BoS decision). Issuer group’s identification using the Legal Entity Identifier (LEI). If LEI code is not available, this item shall not be reported. Regarding investment funds, the group relation relates to the fund manager. Code used for the ‘Issuer Group Code’ item:
|
||||||||||||||||||||||||
|
|
9 – None |
||||||||||||||||||||||||
C0210 |
Issuer Country |
ISO 3166-1 alpha-2 code of the country of localisation of the issuer. The localisation of the issuer is assessed by the address of the entity issuing the asset. Regarding investment funds, the group relation relates to the fund manager.
|
||||||||||||||||||||||||
C0220 |
Currency |
ISO 4217 alphabetic code of the currency of the issue. |
||||||||||||||||||||||||
C0230 |
CIC |
Complementary Identification Code used to classify assets. |
||||||||||||||||||||||||
C0240 |
Alternative investment |
A financial instrument, as listed in Section C of Annex I of Directive 2014/65/EU, issued by a legal person authorised under Directive 2011/61/EU(8) to manage alternative investment funds:
|
||||||||||||||||||||||||
C0250 |
External rating |
Rating of the asset at the reporting reference date issued by the nominated credit assessment institution (ECAI). |
||||||||||||||||||||||||
C0270 |
Duration |
Asset duration, defined as the ‘residual modified duration’ (modified duration calculated based on the remaining time for maturity of the security, counted from the reporting reference date). For assets without fixed maturity the first call date shall be used. The duration shall be calculated based on economic value. |
||||||||||||||||||||||||
C0280 |
Maturity date |
ISO 8601 (yyyy-mm-dd) code of the maturity date. For perpetual securities use ‘9999 - 12-31’ |
||||||||||||||||||||||||
C0370 |
Unit price |
Market price per unit. |
||||||||||||||||||||||||
C0380 |
Unit percentage of par amount price |
Percentage of the aggregated nominal amount. |
PP.06.03 – Collective investment undertakings – look-through
approach General comments:
TABLE ORDINATE |
ITEM |
INSTRUCTIONS |
||||||||||||||||||||||||||||||||||||
C0010 |
Collective investments undertaking ID Code |
Asset ID code using the following priority:
|
||||||||||||||||||||||||||||||||||||
C0020 |
Collective investments undertaking ID Code type |
Type of ID Code used for the ‘Asset ID Code’ item. One of the options in the following closed list shall be used:
99 – Code attributed by the undertaking |
||||||||||||||||||||||||||||||||||||
C0030 |
Underlying asset category |
Identify the assets categories, receivables and derivatives within the collective investment undertaking. One of the options from the following closed list shall be used:
Category ‘4 – Collective investment undertakings’ shall be used only for non-material residual values for both ‘funds of funds’ and any other fund. |
||||||||||||||||||||||||||||||||||||
C0040 |
Country of issue |
Breakdown of each asset category identified in C0030 by issuer country. Identify the country of localisation of the issuer. The localisation of the issuer is assessed by the address of the entity issuing the asset. |
||||||||||||||||||||||||||||||||||||
|
|
One of the options shall be used:
This item is not applicable to Categories 8 and 9 as reported in C0030. |
||||||||||||||||||||||||||||||||||||
C0050 |
Currency |
Identify whether the currency of the asset category is the reporting currency or a foreign currency. All other currencies than the reporting currency are referred to as foreign currencies. One of the options in the following closed list shall be used:
|
||||||||||||||||||||||||||||||||||||
C0060 |
Total amount |
Total amount invested by asset category, country and currency through collective investment undertakings. For liabilities a positive amount shall be reported, unless the item is a derivative liability. For derivatives, the total amount can be positive (if an asset) or negative (if a liability). |
PP.08.03. Aggregate information on open derivatives
General comments:
Information on positions held
TABLE ORDINATE |
ITEM |
INSTRUCTIONS |
C0010/R0010 |
Interest rate swaps (D1) for notional amount of Basic PEPP |
The amount covered or exposed to the Interest rate swap (D1) for the Basic PEPP. For swaps, it corresponds to the contract amount of the contracts reported in that line. When the trigger value corresponds to a range, the average value of the range shall be used. The notional amount refers to the amount that is being hedged/invested (when not covering risks). If several trades occur, it shall be the net amount at the reporting date. |
C0020/R0010 |
Interest rate swaps (D1) for Market value of Basic PEPP |
Monetary value of the Interest rate swap (D1) as of the reporting date for the Basic PEPP. It can be positive, negative or zero. |
C0030/R0010 |
Interest rate swaps (D1) for notional amount of alternative investment options |
The amount covered or exposed to the Interest rate swap (D1) for any alternative investment option. For swaps, it corresponds to the contract amount of the contracts reported in that line. When the trigger value corresponds to a range, the average value of the range shall be used. The notional amount refers to the amount that is being hedged/invested (when not covering risks). If several trades occur, it shall be the net amount at the reporting date. |
C0040/R0010 |
Interest rate swaps (D1) for market value of alternative investment options |
Monetary value of the Interest rate swap (D1) as of the reporting date for the alternative investment option. It can be positive, negative or zero. |
C0050/R0010 |
Interest rate swaps (D1) for notional amount of PEPP common assets |
The amount covered or exposed to the Interest rate swap (D1) for all PEPP investment options that share the same pool of assets. For swaps, it corresponds to the contract amount of the contracts reported in that line. When the trigger value corresponds to a range, the average value of the range shall be used. The notional amount refers to the amount that is being hedged/invested (when not covering risks). If several trades occur, it shall be the net amount at the reporting date. |
C0060/R0010 |
Interest rate swaps (D1) for market value of PEPP common assets |
Monetary value of the Interest rate swap (D1) as of the reporting date for all PEPP investment options that share the same pool of assets. It can be positive, negative or zero. |
C0010/R0020 |
Forward exchange rate agreement (F2) for notional amount of Basic PEPP |
The amount covered or exposed to the Forward exchange rate agreement (F2) for the Basic PEPP. For forwards, it corresponds to the contract amount of the contracts reported in that line. When the trigger value corresponds to a range, the average value of the range shall be used. The notional amount refers to the amount that is being hedged/invested (when not covering risks). If several trades occur, it shall be the net amount at the reporting date. |
C0020/R0020 |
Forward exchange rate agreement (F2) for Market value of Basic PEPP |
Monetary value of the Forward exchange rate agreement (F2) as of the reporting date for the Basic PEPP. It can be positive, negative or zero. |
C0030/R0020 |
Forward exchange rate agreement (F2) for notional amount of alternative investment options |
The amount covered or exposed to the Forward exchange rate agreement (F2) for any alternative investment option. For forwards, it corresponds to the contract amount of the contracts reported in that line. When the trigger value corresponds to a range, the average value of the range shall be used. The notional amount refers to the amount that is being hedged/invested (when not covering risks). If several trades occur, it shall be the net amount at the reporting date. |
C0040/R0020 |
Forward exchange rate agreement (F2) for market value of alternative investment options |
Monetary value of the Forward exchange rate agreement (F2) as of the reporting date for the alternative investment option. It can be positive, negative or zero. |
C0050/R0020 |
Forward exchange rate agreement (F2) for notional amount of PEPP common assets |
The amount covered or exposed to the Forward exchange rate agreement (F2) for all PEPP investment options that share the same pool of assets. For forwards, it corresponds to the contract amount of the contracts reported in that line. When the trigger value corresponds to a range, the average value of the range shall be used. The notional amount refers to the amount that is being hedged/invested (when not covering risks). If several trades occur, it shall be the net amount at the reporting date. |
C0060/R0020 |
Forward exchange rate agreement (F2) for market value of PEPP common assets |
Monetary value of the Forward exchange rate agreement (F2) as of the reporting date for all PEPP investment options that share the same pool of assets. It can be positive, negative or zero. |
C0010/R0030 |
Other derivatives for notional amount of Basic PEPP |
The amount covered or exposed to derivatives other than Interest rate swaps (D1) Forward exchange rate agreements (F2) and for the Basic PEPP. For futures and options corresponds to contract size multiplied by the trigger value and by the number of contracts reported in that line. For swaps and forwards, it corresponds to the contract amount of the contracts reported in that line. When the trigger value corresponds to a range, the average value of the range shall be used. The notional amount refers to the amount that is being hedged/invested (when not covering risks). If several trades occur, it shall be the net amount at the reporting date. |
C0020/R0030 |
Other derivatives for Market value of Basic PEPP |
Monetary value of the derivatives other than Interest rate swaps (D1) Forward exchange rate agreements (F2) as of the reporting date for the Basic PEPP. It can be positive, negative or zero. |
C0030/R0030 |
Other derivatives for notional amount of alternative investment options |
The amount covered or exposed to the derivatives other than Interest rate swaps (D1) Forward exchange rate agreements (F2) for the alternative investment options. For futures and options corresponds to contract size multiplied by the trigger value and by the number of contracts reported in that line. For swaps and forwards, it corresponds to the contract amount of the contracts reported in that line. When the trigger value corresponds to a range, the average value of the range shall be used. The notional amount refers to the amount that is being hedged/invested (when not covering risks). If several trades occur, it shall be the net amount at the reporting date. |
C0040/R0030 |
Other derivatives for market value of alternative investment options |
Monetary value of the derivatives other than Interest rate swaps (D1) Forward exchange rate agreements (F2) as of the reporting date for alternative investment options. It can be positive, negative or zero. |
C0050/R0030 |
Other derivates for notional amount of PEPP common assets |
The amount covered or exposed to derivatives other than Interest rate swaps (D1) and Forward exchange rate agreements (F2) all PEPP investment options that share the same pool of assets. For futures and options corresponds to contract size multiplied by the trigger value and by the number of contracts reported in that line. For swaps and forwards, it corresponds to the contract amount of the contracts reported in that line. When the trigger value corresponds to a range, the average value of the range shall be used. The notional amount refers to the amount that is being hedged/invested (when not covering risks). If several trades occur, it shall be the net amount at the reporting date. |
C0060/R0030 |
Other derivatives for market value of PEPP common assets |
Monetary value of the derivatives other than Interest rate swaps (D1) Forward exchange rate agreements (F2) as of the reporting date for all PEPP investment options that share the same pool of assets. It can be positive, negative or zero. |
ANNEX III
CIC table
First 2 positions |
Asset listed in |
ISO 3166-1-alpha-2 country code or XL (for not listed) or XT (for not exchange tradable) |
|||||||||||||||
|
|||||||||||||||||
Third position |
Category |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
0 |
A |
B |
C |
D |
E |
F |
Government bonds |
Corporate bonds |
Equity |
Investment funds Collective investment undertakings |
Structured notes |
Collateralised securities |
Cash and deposits |
Mortgages and loans |
Property |
Other investments |
Futures |
Call Options |
Put Options |
Swaps |
Forwards |
Credit derivatives |
||
Fourth position |
Sub-category or main risk |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
|
1 |
1 |
1 |
1 |
1 |
1 |
Central Government bonds |
Corporate bonds |
Common equity |
Equity funds |
Equity risk |
Equity risk |
Cash |
Uncollateralised loans made |
Property (office and commercial) |
|
Equity and index futures |
Equity and index options |
Equity and index options |
Interest rate swaps |
Forward interest rate agreement |
Credit default swap |
||
2 |
2 |
2 |
2 |
2 |
2 |
2 |
2 |
2 |
|
2 |
2 |
2 |
2 |
2 |
2 |
||
Supra-national bonds |
Convertible bonds |
Equity of real estate related corporation |
Debt funds |
Interest rate risk |
Interest rate risk |
Transferable deposits (cash equivalents) |
Loans made collateralised with securities |
Property (residential) |
|
Interest rate futures |
Bond options |
Bond options |
Currency swaps |
Forward exchange rate agreement |
Credit spread option |
||
3 |
3 |
3 |
3 |
3 |
3 |
3 |
|
3 |
|
3 |
3 |
3 |
3 |
|
3 |
||
Regional government bonds |
Commercial paper |
Equity rights |
Money market funds |
Currency risk |
Currency risk |
Other deposits short term (less than or equal to one year) |
|
Property (for own use) |
|
Currency futures |
Currency options |
Currency options |
Interest rate and currency swaps |
|
Credit spread swap |
||
4 |
4 |
4 |
4 |
4 |
4 |
4 |
4 |
4 |
|
|
4 |
4 |
|
|
4 |
||
Municipal government bonds |
Money market instruments |
Preferred equity |
Asset allocation funds |
Credit risk |
Credit risk |
Other deposits with term longer than one year |
Mortgages |
Property (under construction) |
|
|
Warrants |
Warrants |
|
|
Total return swap |
||
5 |
5 |
|
5 |
5 |
5 |
5 |
5 |
5 |
|
5 |
5 |
5 |
5 |
|
|
||
Treasury bonds |
Hybrid bonds |
|
Real estate funds |
Real estate risk |
Real estate risk |
Deposits to cedants |
Other collateralised loans made |
Plant and equipment (for own use) |
|
Commodity futures |
Commodity options |
Commodity options |
Security swaps |
|
|
||
6 |
6 |
|
6 |
6 |
6 |
|
6 |
|
|
|
6 |
6 |
|
|
|
||
Covered bond |
Common covered bonds |
|
Alternative funds |
Commodity risk |
Commodity risk |
|
Loans on policies |
|
|
|
Swaptions |
Swaptions |
|
|
|
||
7 |
7 |
|
7 |
7 |
7 |
|
|
|
|
7 |
7 |
7 |
7 |
7 |
|
||
National Central Banks |
Covered bonds subject to specific law |
|
Private equity funds |
Catastrophe and Weather risk |
Catastrophe and Weather risk |
|
|
|
|
Catastrophe and Weather risk |
Catastrophe and Weather risk |
Catastrophe and Weather risk |
Catastrophe and Weather risk |
Catastrophe and Weather risk |
|
||
|
8 |
|
8 |
8 |
8 |
|
|
|
|
8 |
8 |
8 |
8 |
8 |
|
||
|
Subordinated bonds |
|
Infrastructure funds |
Mortality risk |
Mortality risk |
|
|
|
|
Mortality risk |
Mortality risk |
Mortality risk |
Mortality risk |
Mortality risk |
|
||
9 |
9 |
9 |
9 |
9 |
9 |
9 |
9 |
9 |
9 |
9 |
9 |
9 |
9 |
9 |
9 |
||
Other |
Other |
Other |
Other |
Other |
Other |
Other |
Other |
Other |
Other |
Other |
Other |
Other |
Other |
Other |
Other |
ANNEX IV
Definitions of the CIC table
First two positions – Assets listed in |
Definition |
|
Country |
ISO 3166-1-alpha-2 country code |
Identify the ISO 3166-1-alpha-2 country code where the asset is listed in. An asset is considered as being listed if it is negotiated on a regulated market or on a multilateral trading facility, as defined in Directive 2014/65/EU of the European Parliament and of the Council(1). If the asset is listed in more than one country or the undertaking uses for valuation purposes a price provider which is one of the regulated markets or multilateral trading facility where the asset is listed in, the country shall be the one of that regulated market or multilateral trading facility used as the reference for valuation purposes. |
XV |
Assets listed in one or more than one country |
Identify assets that are listed in one or more countries but when the undertaking uses for valuation purposes a price provider which is not one of the regulated markets or multilateral trading facility where the asset is listed in. |
XL |
Assets that are not listed in a stock exchange |
Identify assets that are not negotiated on a regulated market or on a multilateral trading facility, as defined in Directive 2014/65/EU. |
XT |
Assets that are not exchange tradable |
Identify assets that by their nature are not subject to negotiation on a regulated market or on a multilateral trading facility, as defined in Directive 2014/65/EU. |
Third and fourth position – Category |
Definition |
|
1 |
Government bonds |
Bonds issued by public authorities, whether by central governments supra-national government institutions, regional governments or local authorities, and bonds that are fully, unconditionally and irrevocably guaranteed by the European Central Bank, Member States’ central government and central banks, denominated and funded in the domestic currency of that central government and the central bank, multilateral development banks referred to in Article 117(2) of Regulation (EU) No 575/2013 (2) or international organisations referred to in Article 118 of Regulation (EU) No 575/2013, where the guarantee meets the requirements set out in Article 215 of Commission Delegated Regulation (EU) 2015/35 (3). Regarding bonds with a qualifying guarantee, the third and fourth position shall be attributed by reference to the entity providing the guarantee. |
11 |
Central Government bonds |
Bonds issued by central governments. |
12 |
Supra-national bonds |
Bonds issued by public institutions established by a commitment between national states, e.g. issued by a multilateral development bank referred to in Article 117(2) of Regulation (EU) No 575/2013 or issued by an international organisation referred to in Article 118 of Regulation (EU) No 575/2013. |
13 |
Regional government bonds |
Regional government or autonomous community debt instruments offered to the public in a public offering on the capital market. |
14 |
Local authorities bonds |
Bonds issued by local authorities, including cities, provinces, districts and other municipal authorities |
15 |
Treasury bonds |
Short term government bonds, issued by central governments (issued with a maturity term up to 1 year). |
16 |
Covered bonds |
Government bonds which have a pool of assets that secures or ‘covers’ the bond. Those assets remain on the issuer balance sheet. |
17 |
National Central banks |
Bonds issued by national central banks. |
19 |
Other |
Other government bonds, not classified under the above categories. |
2 |
Corporate bonds |
Bonds issued by corporations |
21 |
Corporate bonds |
Bonds issued by corporations, with simple characteristics, usually covering the ones referred to as ‘plain vanilla’, and that do not have any special feature described in the categories 22 to 28. |
22 |
Convertible bonds |
Corporate bonds that the holder can convert into shares of common stock in the issuing company or cash of equal value, having debt and equity-like features. |
23 |
Commercial paper |
Unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories and meeting short-term liabilities, usually with original maturity lesser than 270 days. |
24 |
Money market instruments |
Very short term debt securities (usually with maturities ranging from 1 day up to 1 year), consisting mainly of negotiable certificates of deposit (CDs), bankers acceptances and other highly liquid instruments. Commercial paper is excluded from this category. |
25 |
Hybrid bonds |
Corporate bonds that have debt and equity-like features, but are not convertible. |
26 |
Common covered bonds |
Corporate bonds which have a pool of assets that secures or ‘covers’ the bond. Those assets remain on the issuer balance sheet. Covered bonds subject to specific law are excluded from this category. |
27 |
Covered bonds subject to specific law |
Corporate bonds which have a pool of assets that secures or ‘covers’ the bond if the originator becomes insolvent and are subject by law to special public supervision designed to protect bond-holders, as defined in point (1) of Article 3 of Directive (EU) 2019/2162 of the European Parliament and of the Council(4). An example of this category is Pfandbrief: ‘Covered bonds which are issued on the basis of the Pfandbrief Act. They are used to refinance loans for which collateral is furnished in the form of loans secured by real estate liens (Mortgage Pfandbriefe), public-sector loans (Public Pfandbriefe), ship mortgages (Ship Pfandbriefe) or aircraft mortgages (Aircraft Pfandbriefe). Thus, the distinction made between these Pfandbrief types refers to the cover pool created for each type of Pfandbrief.’ |
28 |
Subordinated bonds |
Corporate bonds which have a lower priority than other bonds of the issuer in case of liquidation. |
29 |
Other |
Other corporate bonds, with other characteristics than the ones identified in the above categories. |
3 |
Equity |
Shares and other securities equivalent to shares representing corporations’ capital, i.e., representing ownership in a corporation. |
31 |
Common equity |
Equity that represents basic property rights on corporations. |
32 |
Equity of real estate related corporation |
Equity representing capital from real estate related corporations. |
33 |
Equity rights |
Rights to subscribe to additional shares of equity at a set price. |
34 |
Preferred equity |
Equity security that is senior to common equity, having a higher claim on the assets and earnings than common equity, but is subordinate to bonds. |
39 |
Other |
Other equity, not classified under the above categories. |
4 |
Collective investment undertakings |
Collective investment undertaking’ means an undertaking for collective investment in transferable securities (UCITS) as defined in Article 1(2) of Directive 2009/65/EC or an alternative investment fund (AIF) as defined in Article 4(1)(a) of Directive 2011/61/EU. |
41 |
Equity funds |
Collective investment undertakings mainly invested in equity. |
42 |
Debt funds |
Collective investment undertakings mainly invested in bonds. |
43 |
Money market funds |
Collective investment undertakings under the definition provided by ESMA (CESR/10-049). |
44 |
Asset allocation funds |
Collective investment undertakings which invests its assets pursuing a specific asset allocation objective, e.g. primarily investing in the securities of companies in countries with nascent stock markets or small economies, specific sectors or group of sectors, specific countries or other specific investment objective. |
45 |
Real estate funds |
Collective investment undertakings mainly invested in real estate. |
46 |
Alternative funds |
Collective investment undertakings whose investment strategies include such as hedging, event driven, fixed income directional and relative value, managed futures, commodities etc. |
47 |
Private equity funds |
Collective investment undertakings used for making investments in equity securities following strategies associated with private equity. |
48 |
Infrastructure funds |
Collective investment undertakings that invest in utilities such as toll roads, bridges, tunnels, ports and airports, oil and gas distribution, electricity distribution and social infrastructure such as healthcare and educational facilities. |
49 |
Other |
Other collective investment undertakings, not classified under the above categories |
5 |
Structured notes |
Hybrid securities, combining a fixed income (return in the form of fixed payments) instrument with a series of derivative components. Excluded from this category are fixed income securities that are issued by sovereign governments. Concerns securities that have embedded one or a combination of categories of derivatives, including Credit Default Swaps (CDS), Constant Maturity Swaps (CMS), Credit Default Options (CDOp). Assets under this category are not subject to unbundling. |
51 |
Equity risk |
Structured notes mainly exposed to equity risk. |
52 |
Interest rate risk |
Structured notes mainly exposed to interest rate risk. |
53 |
Currency risk |
Structured notes mainly exposed to currency risk. |
54 |
Credit risk |
Structured notes mainly exposed to credit risk. |
55 |
Real estate risk |
Structured notes mainly exposed to real estate risk. |
56 |
Commodity risk |
Structured notes mainly exposed to commodity risk. |
57 |
Catastrophe and Weather risk |
Structured notes mainly exposed to catastrophe or weather risk. |
58 |
Mortality risk |
Structured notes mainly exposed to mortality risk. |
59 |
Other |
Other structured notes, not classified under the above categories. |
6 |
Collateralised securities |
Securities whose value and payments are derived from a portfolio of underlying assets. Includes Asset Backed Securities (ABS), Mortgage Backed securities (MBS), Commercial Mortgage Backed securities (CMBS), Collateralised Debt Obligations (CDO), Collateralised Loan Obligations (CLO), Collateralised Mortgage Obligations (CMO). Assets under this category are not subject to unbundling. |
61 |
Equity risk |
Collateralised securities mainly exposed to equity risk. |
62 |
Interest rate risk |
Collateralised securities mainly exposed to interest rate risk. |
63 |
Currency risk |
Collateralised securities mainly exposed to currency risk. |
64 |
Credit risk |
Collateralised securities mainly exposed to credit risk. |
65 |
Real estate risk |
Collateralised securities mainly exposed to real estate risk. |
66 |
Commodity risk |
Collateralised securities mainly exposed to commodity risk. |
67 |
Catastrophe and Weather risk |
Collateralised securities mainly exposed to catastrophe or weather risk. |
68 |
Mortality risk |
Collateralised securities mainly exposed to mortality risk. |
69 |
Other |
Other collateralised securities, not classified under the above categories. |
7 |
Cash and deposits |
Money in the physical form, cash equivalent, bank deposits and other money deposits. |
71 |
Cash |
Notes and coins in circulation that are commonly used to make payments. |
72 |
Transferable deposits (cash equivalents) |
Deposits exchangeable for currency on demand at par and which are directly usable for making payments by cheque, draft, giro order, direct debit/credit, or other direct payment facility, without penalty or restriction. |
73 |
Other deposits short term (less than or equal to one year) |
Deposits other than transferable deposits, with remaining maturity inferior or equal to 1 year that cannot be used to make payments at any time and that are not exchangeable for currency or transferable deposits without any kind of significant restriction or penalty. |
74 |
Other deposits with term longer than one year |
Deposits other than transferable deposits, with remaining maturity superior to 1 year that cannot be used to make payments at any time and that are not exchangeable for currency or transferable deposits without any kind of significant restriction or penalty. |
75 |
Deposits to cedants |
Deposits relating to reinsurance accepted. |
79 |
Other |
Other cash and deposits, not classified under the above categories |
8 |
Mortgages and loans |
Financial assets created when creditors lend funds to debtors, with collateral or not, including cash pools. |
81 |
Uncollateralised loans made |
Loans made without collateral. |
82 |
Loans made collateralised with securities |
Loans made with collateral in the form of financial securities. |
84 |
Mortgages |
Loans made with collateral in the form of real estate. |
85 |
Other collateralised loans made |
Loans made with collateral in any other form. |
86 |
Loans on policies |
Loans made with insurance policies as collateral. |
89 |
Other |
Other mortgages and loans, not classified under the above categories. |
9 |
Property |
Buildings, land, other constructions that are immovable and equipment. |
91 |
Property (office and commercial) |
Office and commercial building used for investment. |
92 |
Property (residential) |
Residential buildings used for investment. |
93 |
Property (for own use) |
Real estate for the own use of the undertaking. |
94 |
Property (under construction for investment) |
Real estate that is under construction, for future usage as investment. |
95 |
Plant and equipment (for own use) |
Plant and equipment for the own use of the undertaking. |
96 |
Property (under construction for own use) |
Real estate that is under construction, for future own usage. |
99 |
Other |
Other real estate, not classified under the above categories. |
0 |
Other investments |
Other assets reported in ‘Other investments’. |
A |
Futures |
Standardised contract between two parties to buy or sell a specified asset of standardised quantity and quality at a specified future date at a price agreed today. |
A1 |
Equity and index futures |
Futures with equity or stock exchange indices as underlying. |
A2 |
Interest rate futures |
Futures with bonds or other interest rate dependent security as underlying. |
A3 |
Currency futures |
Futures with currencies or other currencies dependent security as underlying. |
A5 |
Commodity futures |
Futures with commodities or other commodities dependent security as underlying. |
A7 |
Catastrophe and Weather risk |
Futures mainly exposed to catastrophe or weather risk. |
A8 |
Mortality risk |
Futures mainly exposed to mortality risk. |
A9 |
Other |
Other futures, not classified under the above categories. |
B |
Call Options |
Contract between two parties concerning the buying of an asset at a reference price during a specified time frame, where the buyer of the call option gains the right, but not the obligation, to buy the underlying asset. |
B1 |
Equity and index options |
Call options with equity or stock exchange indices as underlying. |
B2 |
Bond options |
Call options with bonds or other interest rate dependent security as underlying. |
B3 |
Currency options |
Call options with currencies or other currencies dependent security as underlying. |
B4 |
Warrants |
Call options that entitles the holder to buy stock of the issuing company at a specified price. |
B5 |
Commodity options |
Call options with commodities or other commodities dependent security as underlying. |
B6 |
Swaptions |
Call options granting its owner the right but not the obligation to enter into a long position in an underlying swap, i.e., enter into a swap where the owner pays the fixed leg and receive the floating leg. |
B7 |
Catastrophe and Weather risk |
Call options mainly exposed to catastrophe or weather risk. |
B8 |
Mortality risk |
Call options mainly exposed to mortality risk. |
B9 |
Other |
Other call options, not classified under the above categories. |
C |
Put Options |
Contract between two parties concerning the selling of an asset at a reference price during a specified time frame, where the buyer of the put option gains the right, but not the obligation, to sell the underlying asset. |
C1 |
Equity and index options |
Put options with equity or stock exchange indices as underlying. |
C2 |
Bond options |
Put options with bonds or other interest rate dependent security as underlying. |
C3 |
Currency options |
Put options with currencies or other currencies dependent security as underlying. |
C4 |
Warrants |
Put options that entitles the holder to sell stock of the issuing company at a specified price. |
C5 |
Commodity options |
Put options with commodities or other commodities dependent security as underlying. |
C6 |
Swaptions |
Put options granting its owner the right but not the obligation to enter into a short position in an underlying swap, i.e., enter into a swap in which the owner will receive the fixed leg, and pay the floating leg. |
C7 |
Catastrophe and Weather risk |
Put options mainly exposed to catastrophe or weather risk. |
C8 |
Mortality risk |
Put options mainly exposed to mortality risk. |
C9 |
Other |
Other put options, not classified under the above categories. |
D |
Swaps |
Contract in which counterparties exchange certain benefits of one party’s financial instrument for those of the other party’s financial instrument, and the benefits in question depend on the type of financial instruments involved. |
D1 |
Interest rate swaps |
Swap that exchange interest flows. |
D2 |
Currency swaps |
Swap that exchange currency. |
D3 |
Interest rate and currency swaps |
Swap that exchange interest and currency flows. |
D4 |
Total return swap |
A swap in which the non-floating rate side is based on the total return of an equity or fixed income instrument with the life longer that the swap. |
D5 |
Security swaps |
Swap that exchange securities. |
D7 |
Catastrophe and Weather risk |
Swaps mainly exposed to catastrophe or weather risk. |
D8 |
Mortality risk |
Swaps mainly exposed to mortality risk. |
D9 |
Other |
Other swaps, not classified under the above categories. |
E |
Forwards |
Non-standardised contract between two parties to buy or sell an asset at a specified future time at a price agreed today. |
E1 |
Forward interest rate agreement |
Forward contract in which typically one party pays a fixed interest rate, and receives a variable interest rate usually based on an underlying index rate, at the predefined forward date. |
E2 |
Forward exchange rate agreement |
Forward contract in which one party pays an amount in one currency, and receives an equivalent amount in a different currency resulting from the conversion using the contractual exchange rate, at the predefined forward date. |
E7 |
Catastrophe and Weather risk |
Forwards mainly exposed to catastrophe or weather risk. |
E8 |
Mortality risk |
Forwards mainly exposed to mortality risk. |
E9 |
Other |
Other forwards, not classified under the above categories. |
F |
Credit derivatives |
Derivative whose value is derived from the credit risk on an underlying bond, loan or any other financial asset. |
F1 |
Credit default swap |
Credit derivative transaction in which two parties enter into an agreement whereby one party pays the other a fixed periodic coupon for the specified life on the agreement and the other party makes no payments unless a credit event relating to a predetermined reference asset occurs. |
F2 |
Credit spread option |
Credit derivative that will generate cash flows if a given credit spread between two specific assets or benchmarks changes from its current level. |
F3 |
Credit spread swap |
A swap in which one party makes a fixed payment to the other on the swap’s settlement date and the second party pays the first an amount based on the actual credit spread. |
F4 |
Total return swap |
A swap in which the non-floating rate side is based on the total return of an equity or fixed income instrument with the life longer that the swap. |
F9 |
Other |
Other credit derivatives, not classified under the above categories. |