Question ID:
2013_331
Legal Act:
Regulation (EU) No 575/2013 (CRR)
Topic:
Supervisory reporting - FINREP (incl. FB&NPE)
Article:
99
Paragraph:
2
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:
Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (as amended)
Article/Paragraph:
Annex III, F 22.01
Disclose name of institution / entity:
Yes
Name of institution / submitter:
Swedish Bankers' Association
Country of incorporation / residence:
Sweden
Type of submitter:
Industry association
Subject Matter:
Where to report Retail card operations, card fees and acquiring fees
Question:

In which row should Retail card operations, card fees and acquiring fees be reported in template F 22.01, Annex III (Fee and commission income and expenses by activity)?

Background on the question:

In which row should Retail card operations, card fees and acquiring fees be reported in template F 22.01, Annex III (Fee and commission income and expenses by activity)?

Date of submission:
04/10/2013
Published as Final Q&A:
07/03/2014
Final Answer:

In F 22.01, fees generated by (charged to) the institution for its involvement in credit or debit card operations should be reported in the item 'Other' (r220 and r290) as there is not a specific item for these contracts. In any case, paragraphs 113(a) and 114 of Part 2 of Annex IV of the Regulation (EU) No 680/2014 13 ITS on supervisory reporting of institutionsDraft ITS on Supervisory reporting  explain that, in F 22.01, only those fees and commissions that are not components of the rate used to accrue interest in financial instruments should be reported. Thus, fees received from customers or transaction costs incurred to acquire credit card debt included in the calculation of the interest accrued should not be reported again in F22.01.

 

*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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