News & Press
The EBA responds to a law firm on the treatment of some legacy instruments of Banque Fédérative du Crédit Mutuel
The European Banking Authority (EBA) published today a response to the letter received from a law firm on 18 June 2024, regarding the intention of Banque Fédérative du Crédit Mutuel (BFCM), based in France, to keep some legacy instruments in its balance sheet without any regulatory value.
ESAs are recruiting Heads of Unit for their DORA Joint Oversight Team
The European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) today kicked off a joint recruitment process for Heads of Unit (AD9) in the Joint Oversight team that was set up to carry out the oversight of the Information and Communication Technology Critical Third-Party Providers (CTPPs) under the Digital Operational Resilience Act (DORA).
Final Q&As
Question ID: 2024_7092
It is clear in article 447(f) of Regulation (EU) N0 575/2013 (CRR) and in the ITS on public disclosures by institutions under Part Eight of Regulation (EU) N0 575/2013 (annex II of Regulation (EU) 2021/637) that average LCR should be reported in KM1 (as well as average of liquidity buffer, outflows and inflows). However, in the mapping tool the references to the LCR numbers in KM1 are to LCR numbers in templates C72, C73, C74 and C76, which are the templates where the regular LCR is reported. The weighted average numbers for LCR are found in template LIQ1. So what is correct and what should be reported in KM1?
Question ID: 2024_7099
What should be presented as “Loan commitments, financial guarantees and other commitments received” in F 09.02?
Question ID: 2024_7139
Could you confirm whether, with the implementation of Regulation 2024/1623 of the European Parliament and of the Council amending Regulation (EU) No 575/2013 (the Capital Requirements Regulation 3 – CRR3), institutions will be required to report the concept of micro, small and medium-sized enterprises (SME) differently in FINREP and COREP, as provided in Recommendation 2003/361/EC and Article 5 point 9 of CRR 3, respectively?
Question ID: 2024_7158
Can we expect changes in the reporting templates for new updated NACE (NACE REV. 2.1)?
Question ID: 2024_7164
What should be considered as ‘project finance loans’ for financial reporting purposes (FINREP)? Is deviation from definition of project finance referred to in Article 147(8) CRR (with regard to conditions a and b) justified?
Question ID: 2024_7191
In which row in the template F 05.01-Breakdown of non-trading loans and advances by product should bank recognize the asset resulted from the customer´s obligation to reimburse the payment to the bank from financial guarantee?
Question ID: 2024_7207
Should loans secured by mortgage mandates be reported as 'CRE loan' and/or as 'loans collateralized by immovable property' in FINREP table F 18.02?
Question ID: 2024_7212
1) Disclosure of items in transit balance in FINREP Template F 01.01 {F01.01, c0010 (r0020 or r0183 or r0360)}
Please clarify where the items in transit balances should be reported in Template F01.01 out of the following?
a) Other Assets (c0010, r0360)
b) Loans & advances at amortised cost (c0010, r0183)
c) Cash on hand (c0010, r0020).
2) EBA_v5013 (Type - Error): [F 05.01, F 01.01] sum of Loans & Advances across Industry ({{F 05.01, r0080, (c0010, c0020, c0030, c0040, c0050, c0060)}}) should be equal to sum of Cash at Central Banks and Loans & Advances in Balance Sheet ({{F 01.01, c0010, (r0030, r0040, r0099, r0130, r0144, r0174, r0178, r0183, r0233, r0237)}})
Question ID: 2024_7222
For entities which are consolidated as part of the Group, where a subsidiary of the economic group has legal ownership over these entities, but the group has no legal ownership over that subsidiary. What data should be reported in FINREP template F 40.02?