Division 4 Annex III to Implementing Regulation (EU) 2015/2450 is corrected as follows:

In template S.01.01.C0010, rows R0150, R0160 and R0200 of the instructions, option ‘6 — Exempted under Article 35(6) to (8)’ is replaced by the following:

‘6 — Exempted under Article 254(2)’;

In template S.03.01, item C0020/R0010 is added immediately after item C0010/R0010 to the instructions as follows:

‘

C0020/R0010

Value of guarantee/collateral/contingent liabilities — Guarantees provided by the group, including letters of credit

Solvency II value of the guarantees provided by the group, including letters of credit.

’

In template S.03.01, item C0020/R0030 is added immediately after item C0010/R0030 to the instructions as follows:

‘

C0020/R0030

Value of guarantee/collateral/contingent liabilities — Guarantees received by the group, including letters of credit

Solvency II value of the guarantees received by the group, including letters of credit.

’

In template S.05.02, the third paragraph ‘The template is based on a year–to–date basis.’ is deleted;

In template S.22.01, at the end of the third paragraph, in the general comments, the following is added:

‘As it is possible within a group for both types of transitional measure to be applied the template follows a cumulative step by step approach.’;

In template S.25.01.R0220/C0100 and S.25.02.R0220/C0100, at the end of the instructions, a new paragraph is added as follows:

‘It shall include all components of the consolidated SCR (R0200 + R0210), including capital requirements of undertakings from other financial sectors (R0500), capital requirement for non-controlled participation requirements (R0540) and capital requirement for residual undertakings (R0550).’;

In template S.25.01.R0500/C0100, S.25.02.R0500/C0100 and S.25.03.R0500/C0100, after the first paragraph of the instructions, a new paragraph is added as follows:

‘R0500 is expected to be equal to the sum of R0510, R0520 and R0530.’;

In template S.25.01.R0570/C0100 and S.25.02.R0570/C0100, at the end of the instructions, a new paragraph is added as follows:

‘The total solvency capital requirement is expected to be equal to the sum of R0220 and R0560.’;

In template S.25.02, the second row R0220/C0100 is deleted.