R0412/C0040 Absolute values after shock This is the absolute value of the assets sensitive to the spread – Assets Spread risk bonds risk on bonds and loans other than qualifying infrastructure – – and loans (other than investment, after the shock. qualifying infrastructure Recoverables from reinsurance and SPVs not be included investment) in this cell. Absolute values after shock This is the absolute value of the liabilities underlying the spread – Liabilities (after the loss risk charge for bonds and loans other than qualifying absorbing capacity of technical infrastructure investment, after the shock and after the loss provisions) Spread risk absorbing capacity of technical provisions. – – bonds and loans (other than The amount of TP shall be net of reinsurance and SPV qualifying infrastructure recoverables. investment) Absolute value after shock This is the net capital charge for spread risk on bonds and loans – Net solvency capital other than qualifying infrastructure investment, after adjustment requirement Spread risk for the loss absorbing capacity of technical provisions. – – bonds and loans (other than If R0010/C0010 = 1, this item should not be reported. qualifying infrastructure investment) R0412/C0070 Absolute values shock This is the absolute value of the liabilities sensitive to the spread – Liabilities (before the loss risk on bonds and loans other than qualifying infrastructure absorbing capacity of technical investment, after the shock but before the loss absorbing provisions) Spread risk capacity of technical provisions. – – bonds and loans (other than The amount of TP shall be net of reinsurance and SPV qualifying infrastructure recoverables. investment) Absolute value after shock This is the capital charge for spread risk on bonds and loans – Gross solvency capital other than qualifying infrastructure investment, i.e. before the requirement Spread risk loss absorbing capacity of technical provisions. – – bonds and loans (other than If R0010/C0010 = 1, this item should not be reported. qualifying infrastructure investment) IV Annex VI to Commission Implementing Regulation (EU) 2015/2450 is amended as follows: The code 48 be replaced by the following: 48 Infrastructure funds Collective investment undertakings that invest in Infrastructure assets as defined in point 55a or 55b of Article 1 of Delegated Regulation 2015/35 (EU) ANNEX V (1) Annex I to Commission Implementing Regulation (EU) 2015/2450, is corrected as follows:
R0412/C0040 Absolute values after shock – Assets – Spread risk – bonds and loans (other than qualifying infrastructure investment) This is the absolute value of the assets sensitive to the spread risk on bonds and loans other than qualifying infrastructure investment, after the shock. Recoverables from reinsurance and SPVs not be included in this cell. Absolute values after shock – Liabilities (after the loss absorbing capacity of technical provisions) – Spread risk – bonds and loans (other than qualifying infrastructure investment) This is the absolute value of the liabilities underlying the spread risk charge for bonds and loans other than qualifying infrastructure investment, after the shock and after the loss absorbing capacity of technical provisions. The amount of TP shall be net of reinsurance and SPV recoverables. Absolute value after shock – Net solvency capital requirement – Spread risk – bonds and loans (other than qualifying infrastructure investment) This is the net capital charge for spread risk on bonds and loans other than qualifying infrastructure investment, after adjustment for the loss absorbing capacity of technical provisions. If R0010/C0010 = 1, this item should not be reported. R0412/C0070 Absolute values shock – Liabilities (before the loss absorbing capacity of technical provisions) – Spread risk – bonds and loans (other than qualifying infrastructure investment) This is the absolute value of the liabilities sensitive to the spread risk on bonds and loans other than qualifying infrastructure investment, after the shock but before the loss absorbing capacity of technical provisions. The amount of TP shall be net of reinsurance and SPV recoverables. Absolute value after shock – Gross solvency capital requirement – Spread risk – bonds and loans (other than qualifying infrastructure investment) This is the capital charge for spread risk on bonds and loans other than qualifying infrastructure investment, i.e. before the loss absorbing capacity of technical provisions. If R0010/C0010 = 1, this item should not be reported. IV Annex VI to Commission Implementing Regulation (EU) 2015/2450 is amended as follows: The code 48 be replaced by the following: 48 Infrastructure funds Collective investment undertakings that invest in Infrastructure assets as defined in point 55a or 55b of Article 1 of Delegated Regulation 2015/35 (EU) ANNEX V (1) Annex I to Commission Implementing Regulation (EU) 2015/2450, is corrected as follows: