In the updated explanatory notes on variation analysis templates
EIOPA has made corrections relating to unit-linked and index-linked business. These corrections are to be included in the analysis performed in S.29.01 and S.29.04, as these templates do not assume a perfect neutralisation of assets and liabilities related to index-linked and unit-linked business. With this new application for index-linked and unit-linked business BV148 and BV149 have to be amended.
EIOPA encourages companies to use the new approach on a best effort basis and for that purpose validations BV148 and BV149 will be de-activated.