Anyone who get's this working? I've created a MAM policy with this setting and targeted my user account.
My iOS device is managed by Airwatch, and a Device PIN is enforced onto the device. So no need for OneDrive/Word/Excel to display the App PIN on this device. But I cannot seem to get this setting to work and the applications request my to input my APP PIN to access my company data. So I need to input 2 PIN codes in order to access my data. Which is not very user friendly.
According to the documenation, this should work if your device PIN is managed by a 3rd party MDM provider. But it does not seem to work, any prerequisite to get this working (specific versions of Word/Excel/OneDrive for example)