2013_83 FINREP: F12 Movements in allowances for credit losses and impairment of equity instruments - Col 020 to 060 - Breakdown by counterparty

Question ID:: 2013_83
Legal Act:: Regulation (EU) No 575/2013 (CRR)
Topic:: Supervisory reporting - FINREP (incl. FB&NPE)
Article:: Article 99
Paragraph:: 5
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:: Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)
Article/Paragraph:: Annex III, F 12.00, (c020, 030, 040, 050, 060)
Disclose name of institution / entity:: Yes
Name of institution / submitter:: CREDIT AGRICOLE
Country of incorporation / residence:: FRANCE
Type of submitter:: Credit institution
Subject Matter:: FINREP: F12 Movements in allowances for credit losses and impairment of equity instruments - Col 020 to 060 - Breakdown by counterparty
Question:: FINREP - Template 12 Movements in allowances for credit losses and impairment of equity instruments - Col 020 to 060 - Breakdown by counterparty : the breakdown by counterparty of "variation flows" columns (columns 020 to 060) is heavy - does EBA allow that institutions make this breakdown only on "closing balance" column (col 070) as it tolerates for similar template FIN 30B in current FINREP?
Background on the question:: We need this information for FINREP mapping.
Date of submission:: 26/07/2013
Published as Final Q&A:: 14/02/2014
Final Answer:: Article 99 of the Regulation (EU) No. 575/2013 (CRR) is the legal basis for FINREP requirements and they are directly applicable and legally binding to all institutions. The EBA or any competent authority does not have any powers to grant any waivers or exemptions on reporting. Therefore, all templates shall be reported in full.
Status:: Final Q&A
Answer prepared by:: Answer prepared by the EBA.