Question ID:
2013_334
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 40.01
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:
Reporting of entity level
Question:

In table F 40.01, Annex III, the group structure should be reported entity-by-entity. Question: What is the level of detail required in this table? Approach 1: only subsidiaries Approach 2: subsidiaries of subsidiaries (i.e. all companies in the group) Example: Group XYZ comprises Parent A which owns sub-group B and subgroup C. Both subgroup B and C are part of the CRR base of consolidation. Should the Group XYZ report in table 40.01 only the first level of subsidiary in subgroup B and C (I.e. parent company of sub-groups B and C) or also all companies owned by sub-group B and C?

Background on the question:

In table F 40.01, Annex III, the group structure should be reported entity-by-entity. Question: What is the level of detail required in this table?

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

All subsidiaries, joint ventures and associates included within the accounting scope of consolidation have to be reported in template F 40.01.

In the above example, all companies that are in turn subsidiaries of B or C will also be reported.

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