Question ID
2013_113
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - FINREP (incl. FB&NPE)
Article
99
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)
Article/Paragraph
Annex V, Part 2, paragraph 107
Type of submitter
Credit institution
Subject matter
FINREP: thresholds applicable to F20.1 - 20.7 (geographical breakdown)
Question

How to interprete the threshold for FINREP templates 20.1 till 20.7: - link in article 5a(4) to COREP table 4 seems not correct; - is the threshold domestic/non domestic applicable for all templates 20.x? - if the threshold is per table: what with annexes 20.4 - 20.7? is the threshold applicable per country of the counterparty?

Background on the question

The instructions for application of the threshold is not clear

Submission date
Final publishing date
Final answer

According to Annex V. Part 2. paragraph 107 of the Regulation (EU) No 680/2014 13 ITS on supervisory reporting of institutions (ITS) Draft ITS on Supervisory reporting, the threshold for FINREP template F 20 (the template as a whole including F 20.01 to F 20.07) is defined in Article 5(a)(4) of the ITS, which is also the threshold used for COREP templates C 09.01 and C 09.02 (geographical breakdowns of exposures by residence of the obligor).

If the threshold described in Article 5 (a) (4) of the Draft ITS is exceeded, the institution must report:

  • the breakdown between "domestic " and "non-domestic activities " in templates F 20.01 to 20.03 and
  • information "country-by-country " in templates F 20.04 to 20.07

The threshold defined in Article 5(a)(4) of the Draft ITS is calculated using the rows 850 and 860 of COREP template C 04.00, which determine the total and the non-domestic original exposures of the reporting institution.

Under this approach, the reporting institutions shall only calculate one threshold in order to determine whether they should comply with the reporting obligations in COREP templates C 09.01 and C 09.02 and FINREP templates F 20.

 

*As of 1/8/2014 the content of this answer was modified to reflect the publication of the final ITS on supervisory reporting of institutions in the Official Journal of the European Union. As a result, the references to the ITS were updated and the disclaimer deleted. For reasons of transparency, revisions are highlighted in track changes.

Status
Final Q&A
Answer prepared by
Answer prepared by the EBA.

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