Division 4 Annex III to Implementing Regulation (EU) 2015/2452 is corrected as follows:
United Kingdom
- (a)
The following row is added after description in template S.23.01.R0440/C0040:
‘
R0440/C0050 Total own funds of other financial sectors — tier 3 Total of own funds in other financial sectors — tier 3.
The total own funds deducted in cell R0230/C0010 are brought back here after the adjustment for non– available own funds according to the relevant sectoral rules and after the deduction according to Article 228, paragraph 2 of the Directive 2009/138/EC.
’
- (b)
In template S.23.01.R0680/C0010, the row is replaced by the following:
‘
R0680/C0010 Group SCR The group SCR is the sum of the consolidated group SCR calculated in accordance with Article 336 (a), (b), (c) and (d) of Delegated Regulation (EU) 2015/35 and the SCR for entities included with D&A. ’
- (c)
In template S.25.01.R0220/C0100, the row is replaced by the following:
‘
R0220/C0100 Solvency capital requirement Overall capital requirement including capital add–ons
Amount of the Solvency Capital Requirement for undertakings under method 1 as defined in Article 230 of Directive 2009/138/EC. It shall include all components of the consolidated SCR, including capital requirements of undertakings from other financial sectors, capital requirement for non-controlled participation requirements and capital requirement for residual undertakings.
’
- (d)
In template S.25.01.R0500/C0100, row is replaced by the following:
‘
R0500/C0100 Capital requirement for other financial sectors (Non–insurance capital requirements) Amount of capital requirement for other financial sectors.
This item is only applicable to group reporting where the group includes an undertaking which is subject to non–insurance capital requirements, such as a bank, and is the capital requirement calculated in accordance with the appropriate requirements.
R0500 is expected to be equal to the sum of R0510, R0520 and R0530.
’
- (e)
In template S.25.01.R0570/C0100, the row is replaced by the following:
‘
R0570/C0100 Solvency capital requirement Overall SCR for all undertakings regardless of the method used.
The total solvency capital requirement is expected to be equal to the sum of R0220 and R0560.
’
- (f)
In template S.25.02.R0220/C0100, the row is replaced by the following:
‘
R0220/C0100 Solvency capital requirement Overall capital requirement including capital add-ons for undertakings under method 1 as defined in Article 230 of Directive 2009/138/EC. It shall include all components of the consolidated SCR, including capital requirements of undertakings from other financial sectors, capital requirement for non-controlled participation requirements and capital requirement for residual undertakings. ’
- (g)
In template S.25.02.R0500/C0100, the row is replaced by the following:
‘
R0500/C0100 Capital requirement for other financial sectors (Non–insurance capital requirements) Amount of capital requirement for other financial sectors.
This item is only applicable to group reporting where the group includes an undertaking which is subject to non–insurance capital requirements, such as a bank, and is the capital requirement calculated in accordance with the appropriate requirements.
R0500 is expected to be equal to the sum of R0510, R0520 and R0530.
’
- (h)
In template S.25.02.R0570/C0100, the row is replaced by the following:
‘
R0570/C0100 Solvency capital requirement Overall SCR for all undertakings regardless of the method used.
The total solvency capital requirement is expected to be equal to the sum of R0220 and R0560.
’