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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)

Type Implementing Regulation

Publication 2021-06-04

State In force

Text As published

Department European Commission, FISMA

Source EUR-Lex

articles 18

This is the act as published. Later amendments are not folded into the text below: each one is a separate act in this repository and an entry in this law's history.

Reform history JSON API


4.6.2021	EN	Official Journal of the European Union	L 197/7

THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Regulation (EU) 2019/1238 of the European Parliament and of the Council of 20 June 2019 on a pan-European personal Pension Product (PEPP) ¹, and in particular Article 40(9), fourth subparagraph, and Article 66(5), third subparagraph, thereof,

Whereas:

(1) Regulation (EU) 2019/1238 lays down uniform rules on the registration, manufacturing, distribution and supervision of personal pension products that are distributed in the Union under the designation pan-European Personal Pension Products (PEPP).

(2) An appropriate level of detail of the information is crucial for the implementation of a risk-based supervisory review process and product-level supervision. Templates for reporting information pursuant to Commission Delegated Regulation (EU) 2021/896 ² should provide for a visual representation of that information and reflect the level of detail of that information.

(3) In order to promote supervisory convergence, the information to be reported to competent authorities in accordance with Article 40 of Regulation (EU) 2019/1238 should be submitted using templates.

(4) The framework for cooperation and for exchange of information between competent authorities of the home and of the host Member States, with EIOPA, should facilitate the efficiency of the performance of their respective tasks and duties, and ensure consistent and efficient supervision. In particular, it is necessary to specify the methods, means, and other details of exchange of information, including the scope and treatment of information to be exchanged.

(5) In order to ensure effective and efficient supervision, the exchange of information and the cooperation between competent authorities should take into account the nature, scale and complexity of the product, the availability and type of information and the most recent and relevant data. In order to ensure efficient and timely cooperation and exchange of information, it is necessary to establish standardised procedures and templates.

(6) The competent authorities and EIOPA should use the standardised procedures and templates also when transmitting information on a voluntary basis when they consider the information in their possession may be of use to another competent authority or EIOPA, the European Securities and Markets Authority and the European Banking Authority.

(7) In order for competent authorities to effectively monitor PEPP providers and distributors, it is necessary for them to regularly exchange information on the marketed PEPPs, such as the corresponding key information documents, information on the cross-border activities, and information on sanctions and on relevant conduct specificities.

(8) In order to ensure the smooth and timely application of the notification requirements in the case of administrative sanctions and other measures, competent authorities should notify each other and EIOPA of any infringement or suspected infringement.

(9) The provisions in this Regulation regarding supervisory reporting and cooperation between competent authorities and with EIOPA are closely linked. They deal with requirements on the submission and sharing of relevant information for the supervision of PEPP. To ensure coherence between those provisions, which should enter into force at the same time, it is necessary to include all the implementing technical standards required by Articles 40(9) and 66(5) of Regulation (EU) 2019/1238 in a single Implementing Regulation.

(10) This Regulation is based on the draft implementing technical standards submitted to the Commission by EIOPA.

(11) EIOPA has conducted open public consultations on the draft implementing technical standards on which this Regulation is based, analysed the potential related costs and benefits with regard to the chapters on supervisory reporting to the competent authorities, and requested the advice of the Insurance and Reinsurance Stakeholder Group and Occupational Pension Stakeholder Group established in accordance with Article 37 of Regulation (EU) No 1094/2010 of the European Parliament and of the Council ³. With regard to the chapters on cooperation and exchange of information, EIOPA did not analyse the potential costs and benefits, as this would have been disproportionate in relation to the scope and impact of the draft implementing technical standards, taking into account that their addressees are only competent authorities and EIOPA and not financial market participants,

HAS ADOPTED THIS REGULATION:

CHAPTER I QUANTITATIVE SUPERVISORY REPORTING

Article 1

Formats of supervisory reporting

Pan-European Personal Pension Product (PEPP) providers shall submit the information referred to in Article 40(1) to (5) of Regulation (EU) 2019/1238 in accordance with the following specifications:

(a) data points with the data type ‘monetary’ shall be expressed in units with no decimals with the exception of templates PP.06.02 and PP.08.03 as set out in Annexes I and II which shall be expressed in units with two decimals;

(b) data points with the data type ‘percentage’ shall be expressed as per unit with four decimals;

(d) data points shall be expressed as positive values except in the following cases:

(i) data points are of an opposite nature from the natural amount of the item;

(ii) the nature of the data point allows for positive and negative values to be reported;

(iii) a different reporting format is required by the respective instructions set out in Annexes V to XIV to this Regulation.

Article 2

Reporting currency

For the purposes of this Regulation ‘reporting currency’ shall be the currency used for the preparation of the PEPP provider’s financial statements, unless otherwise required by the competent authority.

Data points and figures with the type ‘monetary’ shall be reported in the reporting currency, which requires the conversion of any other currency into the reporting currency, unless otherwise provided in this Regulation.

When expressing the value of any asset or liability denominated in a currency other than the reporting currency, the value shall be converted into the reporting currency as if the conversion had taken place at the closing rate on the last day for which the appropriate rate is available in the reporting period to which the asset or liability relates.

When expressing the value of any income or expense, the value shall be converted into the reporting currency applying the basis of conversion used for accounting purposes.

The conversion into the reporting currency shall be calculated by applying the exchange rate from the same source used for the PEPP provider’s financial statements, unless otherwise required by the competent authority.

Article 3

Templates for annual quantitative reporting

PEPP providers shall submit annually the information referred to in Article 1 of Delegated Regulation (EU) 2021/896 using the following templates:

(a) template PP.01.01 of Annex I, specifying the content of the submission, following the instructions set out in section PP.01.01 of Annex II;

(b) template PP.01.02 of Annex I, specifying basic information on the PEPP and of the reporting, following the instructions set out in section PP.01.02 of Annex II;

(c) template PP.52.01 of Annex I, specifying PEPP and PEPP saver information, following the instructions set out in section PP.52.01 of Annex II;

(d) template PP.06.02 of Annex I, specifying an item-by-item list of assets following the instructions set out in section PP.06.02 of Annex II and using the complementary identification code (CIC) as set out in Annex III and defined in Annex IV;

(e) template PP.06.03 of Annex I, providing information on the look-through of all collective investments held by the PEPP provider following the instructions set out in section PP.06.03 of Annex II;

(f) template PP.08.03 of Annex I, providing aggregate information on open positions of derivatives, following the instructions set out in section PP.08.03 of Annex II and using the CIC as set out in Annex III and defined in Annex IV.

Article 4

Appropriateness of the information submitted

For the purposes of Article 40(6) of Regulation (EU) 2019/1238, PEPP providers shall use the relevant templates set out in Annex I to this Regulation to ensure the ongoing appropriateness of the information submitted.

CHAPTER II GENERAL PROVISIONS ON COOPERATION AND EXCHANGE OF INFORMATION

Article 5

General principles

The European Insurance and Occupational Pensions Authority (EIOPA) shall facilitate the regular exchange of information between the competent authorities of home and host Member States and shall, if the information is relevant for EIOPA’s duties, be kept informed of any bilateral exchange of information.

Article 6

Single contact points

The competent authorities shall provide the details of the single contact points to EIOPA and shall inform EIOPA of any changes to those details. EIOPA shall maintain an up-to-date list of the single contact points and shall make the list available to the competent authorities.

Article 7

Means of exchange of information

The competent authorities and EIOPA shall transmit information and documentation relating to the cooperation and exchange of information referred to in Chapter I in a secure manner by electronic means. Competent authorities shall transmit electronic confirmation following receipt of that information and documentation.

Article 8

Currency

The competent authorities and EIOPA shall express amounts in euro in exchanges of information between them. However, the competent authorities may agree to use other currency for bilateral exchanges of information.

CHAPTER III COOPERATION AND EXCHANGE OF INFORMATION IN THE REGISTRATION AND DEREGISTRATION PROCESS

Article 9

Registration of a PEPP

The competent authorities shall communicate to EIOPA the information referred to in Article 6(2)(a), (b), (d), (f) and (g) of Regulation (EU) 2019/1238 by means of the template set out in Annex V to this Regulation.

The competent authorities shall communicate to EIOPA any modifications to the information and documents provided in the application by compiling only those parts of the template set out in Annex V that are affected by the modifications.

EIOPA shall promptly inform the competent authorities if the modifications affect activities of the PEPP provider in the respective Member States, by means of the templates set out in Annex VI or Annex VIII.

After the product has been registered in the central public register, EIOPA shall notify the relevant competent authorities thereof by means of the template set out in Annex VI.

Article 10

Opening a new sub-account

In the case of opening a new sub-account, the competent authority of the home Member State shall notify the competent authority of the host Member State and EIOPA by means of the template set out in Annex IX.

The competent authority of the host Member State shall acknowledge the receipt of the information and documents by means of the template set out in Annex X. The competent authority of the home Member State shall communicate any modifications to the sub-account to the competent authority of the host Member State and EIOPA, by compiling only those parts of the template set out in Annex IX that are affected by the modifications.

Article 11

Information on national provisions

By means of the template set out in Annex XIV to this Regulation, the competent authorities shall provide EIOPA with a link to all the following:

(a) the text of the national laws, regulations and administrative provisions governing the conditions related to the accumulation phase referred to in Article 47 of Regulation (EU) 2019/1238;

(b) the conditions related to the decumulation phase referred to in Article 57 of Regulation (EU) 2019/1238;

(c) where applicable, information about additional procedures for applying for advantages and incentives set at national level.

Article 12

Deregistration of a PEPP

The competent authority shall notify EIOPA of its decision for deregistration of a PEPP by means of the template set out in Annex VII.

EIOPA shall deregister the PEPP from its central public register and shall notify the relevant competent authorities accordingly by means of the template set out in Annex VIII.

CHAPTER IV ONGOING COOPERATION AND REGULAR EXCHANGE OF INFORMATION

Article 13

Cooperation between competent authorities and with EIOPA

The cooperation between the competent authorities and with EIOPA shall cover at least the following areas:

(a) supervision;

(b) inspections and investigations;

(d) information on complaints;

(e) planned supervisory actions against the PEPP provider or distributor where relevant for the PEPP product;

(f) planned supervisory actions to mitigate PEPP savers’ detriment including the intended exercise of product intervention powers referred to in Article 63 of Regulation (EU) 2019/1238.

EIOPA shall annually provide the concerned competent authority of the host Member State with the supervisory information related to the PEPP provided in that Member State, as provided in Article 14.

Upon a request made pursuant to Article 16, competent authorities and EIOPA shall exchange, to the extent available to them, any information related to the PEPP, which is relevant for carrying out their duties and not provided for in Article 15.

Where appropriate, the competent authority of the home Member State shall promptly inform the competent authority of the host Member State about any findings from its supervisory review processes, which relate to risks arising from or affecting the cross-border sales or sub-accounts of the PEPP. The competent authority of the home Member State shall provide that information in cases where the competent authority of the host Member State has already raised concerns.

The competent authority of the host Member State shall promptly inform the competent authority of the home Member State if it has reasons to consider that the activities of a PEPP provider might affect the financial soundness of that PEPP provider or the protection of consumers in other Member States.

The competent authority of the home Member State shall cooperate with the competent authority of the host Member State to assess whether the PEPP provider has a clear understanding of the target market and the risks that the products face or may face in the host Member State, and which specific related risk management tools and internal controls are in place, having regard to the proportionality principle and the risk-based approach.

Cooperation shall particularly focus on the following risk areas:

(a) profile of the PEPP savers;

(b) local PEPP partnerships and distribution partners;

(d) compliance;

(e) consumer protection and any other aspects relating to the conduct of the PEPP provider and the PEPP distributor, including product oversight and governance requirements.

Article 14

Regular exchange of information

EIOPA shall extract and derive the following information about each PEPP provided in a host Member State:

(a) number of the PEPP savers in the concerned Member State;

(b) Member States for which the PEPP provider offers sub-accounts;

(c) number of requests for switching and actual transfers if a specific sub-account is not offered in the concerned Member State;

(d) information regarding each PEPP provided in the concerned Member State, subject to availability, as reported in:

(i) template PP.01.02 of Annex I, specifying basic information on the PEPP and of the reporting, following the instructions set out in section PP.01.02 of Annex II;

(ii) template PP.52.01 of Annex I, specifying PEPP and PEPP saver information, following the instructions set out in section PP.52.01 of Annex II;

(iii) template PP.06.02 of Annex I, specifying an item-by-item list of assets following the instructions set out in section PP.06.02 of Annex II and using the CIC as set out in Annex III and defined in Annex IV;

(iv) template PP.06.03 of Annex I, providing information on the look-through of all collective investments held by the PEPP providers following the instructions set out in section PP.06.03 of Annex II;

(v) template PP.08.03 of Annex I, providing aggregate information on open positions of derivatives, following the instructions set out in section PP.08.03 of Annex II and using the CIC as set out in Annex III and defined in Annex IV.

EIOPA shall make available the information referred to in the first subparagraph for each PEPP to each concerned host competent authority on an annual basis.

Paragraph 1 shall not preclude competent authorities from exchanging more granular data on a more regular basis or upon request.

CHAPTER V AD HOC COOPERATION AND EXCHANGE OF INFORMATION

Article 15

Submission of a request for cooperation or exchange of information

A competent authority shall submit the request to the requested competent authority by means of the template set out in Annex XI. The requesting competent authority may attach to the request any supporting material it deems relevant. In case the information request is relevant for EIOPA’s duties, the requesting competent authority shall forward the request also to EIOPA.

The requesting competent authority shall specify the urgency of the request. Where the request for cooperation involves a request for information, the requesting competent authority shall:

(a) specify, to the extent possible, the details of the information sought, including the reasons why that information is considered relevant for carrying out its duties under Regulation (EU) 2019/1238;

(b) identify, where appropriate, any issue relating to the confidentiality of the information sought, including any special precaution for the collection of that information.

Where the requesting competent authority has justified reasons for categorising its request as urgent, it may make the request by means other than those provided for in paragraph 1, if the request is subsequently transmitted by electronic means in accordance with that paragraph, unless the competent authorities involved agree otherwise.

Article 16

Reply to a request for cooperation or exchange of information

The requested competent authority shall provide its reply to the requesting competent authority by means of the template set out in Annex XII. If the reply is relevant for EIOPA’s duties, the requested competent authority shall forward the response also to EIOPA. In its reply, the requested competent authority shall:

(a) request further clarification in any form as soon as possible where it has doubts in relation to the request;

(b) take reasonable steps within the scope of its powers to cooperate or provide the requested information;

(c) execute the request in a way that facilitates any necessary regulatory action to be undertaken in a timely manner, taking into account the complexity of the request and the necessity to involve another competent authority;

(d) provide any additional essential information on its own initiative.

Where due to the complexity of the request or the amount of information requested the requested competent authority is unable to meet the time limit set in that request, it shall:

(a) promptly inform the requesting competent authority of the reasons that justify such delay and provide an estimated date of response;

(b) provide already available information by means of the template set out in Annex XII;

(c) provide any missing information as soon as it becomes available in a manner that ensures that any necessary action can be taken expediently.

Article 17

Cooperation and exchange of information in case of infringements

Upon becoming aware of any infringement or suspected infringement by a PEPP provider or PEPP distributor or such infringement occurring in the exercise of the freedom to provide services or freedom of establishment, the competent authority or EIOPA, as applicable, shall promptly notify the concerned competent authority by means of the template set out in Annex XIII. The notifying competent authority may attach to the notification any supporting material it deems necessary. If the infringement is relevant for EIOPA’s duties, the notifying competent authority shall also promptly notify EIOPA by means of the template set out in Annex XIII.

The notifying competent authority or EIOPA, as applicable, shall provide the notified competent authority with all the information necessary to assess the matter, in particular, the following information:

(a) the type, nature, materiality and duration of the infringement or suspected infringement;

(b) suggested actions and potential publication, if any, planned to be undertaken by the notifying competent authority;

The notified competent authority and EIOPA, as applicable, may request from the notifying competent authority any other information they consider necessary for their assessment and action.

Where the notifying competent authority considers the information should be sent urgently, it may initially notify the notified competent authority and EIOPA, as applicable, verbally, provided that the information is subsequently transmitted by electronic means in accordance with paragraph 1, unless the competent authorities involved agree otherwise.

Article 18

Entry into force

This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 4 March 2021.

For the Commission

The President

Ursula VON DER LEYEN

OJ L 198, 25.7.2019, p. 1.

Commission Delegated Regulation (EU) 2021/896 of 24 February 2021 supplementing Regulation (EU) 2019/1238 of the European Parliament and of the Council with regard to additional information for the purposes of the convergence of supervisory reporting (See page 5 of this Official Journal).

Regulation (EU) No 1094/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Insurance and Occupational Pensions Authority), amending Decision No 716/2009/EC and repealing Commission Decision 2009/79/EC (OJ L 331, 15.12.2010, p. 48).

ANNEX I

REPORTING TEMPLATES

PP.01.01.33

CONTENT OF THE SUBMISSION



		C0010
Template Code - Template name
PP.01.02.33 - Basic Information - General	R0010
PP.52.01.33 – PEPP and PEPP saver information	R0020
PP.06.02.33 - List of assets	R0030
PP.06.03.33 - Collective investment undertakings - look - through approach	R0040
PP.08.03.33 – Aggregate information on open derivatives	R0050

PP.01.02.33

BASIC INFORMATION – GENERAL



		C0010
PEPP name	R0010
PEPP registration number	R0020
Language of reporting	R0030
Reporting submission date	R0040
Financial year end	R0050
Reporting reference date	R0060
Regular/Ad hoc submission	R0070
Currency used for reporting	R0090
Product still commercialised?	R0260
Type of entity	R0270
Use of common pool of assets for all investments options	R0280

PP.52.01.33

PEPP AND PEPP SAVER INFORMATION (1)



		Costs	Costs	Costs	Costs	Costs
		Administration costs	Distribution costs	Distribution costs	Investment costs	Costs of capital guarantees, if any
		Administration costs		Costs of advice	Investment costs	Costs of capital guarantees, if any
		C0020	C0040	C0050	C0060	C0100
Basic PEPP	R0010
Alternative investment options	R0040

PEPP AND PEPP SAVER INFORMATION (2)


Country

---	---




Basic PEPP	R0010
Commercialised in the country	R0020
In run-off	R0030
Alternative investment options	R0040
Commercialised in the country	R0050
In run-off	R0060

---	---




Total benefit payments	Benefit payments related to retirement
C0190	C0200







---	---

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
C0260	C0270


Number of complaints
C0340

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

Par amount	Valuation method	Acquisition value	Accrued interest	Market asset value
---	---	---	---	---
C0070	C0075	C0080	C0090	C0100

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

Issuer group	Issuer Group Code and Type of issuer group code	Issuer country	Currency	CIC	…
---	---	---	---	---	---
C0180	C0190	C0210	C0220	C0230

Alternative investment	External rating	Nominated ECAI	Unit price	Unit percentage of par amount price	Duration
---	---	---	---	---	---
C0240	C0250	C0260	C0370	C0380	C0270

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

PP.08.03.33

INFORMATION ON POSITIONS HELD – NOTIONAL AMOUNT



		Notional amount	Notional amount	Notional amount
		Basic PEPP	Alternative investment	PEPP assets
		C0010	C0030	C0050
Interest rate swaps (D1)	R0010
Forward exchange rate agreement (F2)	R0020
Other derivatives	R0030

INFORMATION ON POSITIONS HELD – VALUE



		Value	Value	Value
		Basic PEPP	Alternative investment options	PEPP assets
		C0020	C0040	C0060
Interest rate swaps (D1)	R0010
Forward exchange rate agreement (F2)	R0020
Other derivatives	R0030

ANNEX II

INSTRUCTIONS ON REPORTING TEMPLATES

This Annex contains additional instructions in relation to the templates set out in Annex I.

Templates which shall be filled in accordance with the instructions of the different sections of this Annex are referred to as ‘this template’ throughout the text of this Annex.

PP.01.01.33 – Content of the submission

General comments:

This section relates to annual submission of information for the pan-European Personal Pension Products (PEPP).

When a special justification is needed, the explanation shall not be submitted within the reporting template but shall be part of the dialogue between the undertaking providing the PEPP and competent authorities.

TABLE ORDINATE	ITEM	INSTRUCTIONS
C0010/R0010	PP.01.02.33 – Basic Information – General	This template shall always be reported. The only possible option is: 1 – Reported
C0010/R0020	PP.52.01.33 – PEPP and PEPP saver information	One of the options in the following closed list shall be used: 1 – Reported 0 – Not reported other reason (in this case special justification is needed)
C0010/R0030	PP.06.02.33 – List of assets	One of the options in the following closed list shall be used: 1 – Reported 0 – Not reported other reason (in this case special justification is needed)
C0010/R0040	PP.06.03.33 – Collective investment undertakings – look-through approach	One of the options in the following closed list shall be used: 1 – Reported 2 – Not reported as no Collective investment undertakings 0 – Not reported (in this case special justification is needed)
C0010/R0050	PP.08.03.33– Aggregate information on open derivatives	One of the options in the following closed list shall be used: 1 – Reported 2 – Not reported as no derivative transactions 0 – Not reported other reason (in this case special justification is needed)

PP.01.02 – Basic information – General

General comments:

This section relates to annual submission of basic information about the PEPP.

TABLE ORDINATE	ITEM	INSTRUCTIONS
C0010/R0010	PEPP name	Commercial name of PEPP (undertaking-specific).
C0010/R0020	PEPP registration number	Registration number for the PEPP, which is attributed by the EIOPA.
C0010/R0030	Language of reporting	Identify the 2-letter code of ISO 639-1 code of the language used in the submission of information.
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.
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.
C0010/R0060	Reporting reference date	Identify the ISO 8601 (yyyy-mm-dd) code of the date identifying the last day of the reporting period.
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: 1 – Regular reporting 2 – Ad hoc reporting
C0010/R0090	Currency used for reporting	Identify the ISO 4217 alphabetic code of the currency of the monetary amounts used in each report.
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: — Still commercialised — In run-off
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: — Credit institution (pursuant to Directive 2013/36/EU of the European Parliament and of the Council⁴) — Insurance undertaking (pursuant to Directive 2009/138/EC of the European Parliament and of the Council⁵) — Institution for occupational retirement provision (pursuant to Directive (EU) 2016/2341 of the European Parliament and of the Council⁶) — Investment firm (pursuant to Directive 2014/65/EU of the European Parliament and of the Council⁷) — Investment company or management company (pursuant to Directive 2009/65/EC of the European Parliament and the Council⁸) — EUAIFM (pursuant to Directive 2011/61/EU of the European Parliament and of the Council⁹)
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: 1 – Yes 2 – No

PP.52.01 – PEPP and PEPP saver

Information – General comments:

This section relates to annual submission of detailed information about a particular PEPP. In addition, some information for a particular PEPP investment option, i.e. Basic PEPP or alternative investment options, shall be further described, by country in which this product is commercialised and by sub-accounts opened. In case the alternative investment options become, individually or on aggregate, significant in relation to the savings in the Basic PEPP, the information shall be reported at a more granular level or at the level of each investment option.

All values shall be provided as if it would be reported in accordance with the prudential framework under which remit the entity falls.

Information regarding all alternative investment options shall be aggregated.

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)

PP.06.02 – List of assets – General comments:

This section relates to annual submission of information for PEPPs with further division by Basic PEPP and alternative investment options. In case the alternative investment options become, individually or on aggregate, significant in relation to the savings in the Basic PEPP, the information shall be reported at a more granular level or at the level of each investment option.

The asset categories referred to in this template are the ones defined in Annex IV – Definitions of the CIC Table and references to Complementary Identification Code (‘CIC’) refer to Annex III – CIC table.

This template contains an item-by-item list of assets related to the PEPP (i.e. not on a look-through basis), classifiable as asset categories 0 to 9, with the following exceptions:

(a) cash shall be reported in one row per currency, for each combination of items C0060, C0070, C0080 and C0090;

(b) transferable deposits (cash equivalents) and other deposits with maturity of less than one year shall be reported in one row per pair of bank and currency, for each combination of items C0060, C0070, C0080, C0090 and C0290;

(c) deposits to cedants shall be reported in one single line, for each combination of items C0060, C0070, C0080 and C0090.

This template comprises two tables: Information on positions held and Information on assets.

On the table Information on positions held, each asset shall be reported separately in as many lines as needed in order to properly fill in all non-monetary variables with the exception of item ‘Quantity’, requested in that table. If for the same asset two values can be attributed to one variable, then this asset needs to be reported in more than one line.

On the table Information on assets, each asset shall be reported separately, with one row for each asset, filling in all applicable variables requested in that table. The assets shall be earmarked by PEPP investment option (Basic PEPP and alternative investment options), unless all PEPP investment options share in the same pool of assets, where the assets shall be earmarked as ‘PEPP common assets’. In case the alternative investment options become, individually or on aggregate, significant in relation to the savings in the Basic PEPP, the information shall be reported at a more granular level or at the level of each investment option.

All values shall be reported in accordance with the prudential framework under which remit the entity falls. If a PEPP provider is exempted from reporting an External Rating and External Credit Rating Institution[s] (‘ECAI’) in its sectoral legislation the information regarding field (C0250) and field (C0260) may be limited (not reported). Otherwise, this information shall be reported.

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: — ISO 6166 code of ISIN Only if ISIN code is not available: — Other recognised codes (e.g.: CUSIP, Bloomberg Ticker, Reuters RIC) — Code attributed, when other recognised codes are not available. This code must be unique and kept consistent over time. Type of ID Code used for the ‘Asset ID Code’ item: 1 – ISO 6166 for ISIN code 2 – CUSIP (The Committee on Uniform Securities Identification Procedures number assigned by the CUSIP Service Bureau for U.S. and Canadian companies) 3 – SEDOL (Stock Exchange Daily Official List for the London Stock Exchange) 4 – WKN (Wertpapier Kenn-Nummer, the alphanumeric German identification number)
		5 – Bloomberg Ticker (Bloomberg letters code that identify a company’s securities) 6 – BBGID (The Bloomberg Global ID) 7 – Reuters RIC (Reuters instrument code) 8 – FIGI (Financial Instrument Global Identifier) 9 – Other code by members of the Association of National Numbering Agencies 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: 1 – Basic PEPP 2 – Alternative investment options 3 – PEPP common assets
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: 1 – marked to market valuation; 2 – market-consistent valuation; 3 – market-consistent valuation not applicable.
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

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