Question ID:
2014_1007
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Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)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:
99
Disclose name of institution / entity:
No
Type of submitter:
Credit institution
Subject Matter:
International organisations regarding z-axis "Country of residence of the counterparty"
Question:

Regarding the z-axis "Country of residence of the counterparty" within F20.04, F20.05, F20.06 and F20.07, please we would need to confirm whether international organisations should be considered individually (each and every of them with its own code, from The ISO code 3166-1-alpha-2), as it seems to be stated in question ID 2013_108 or, on the contrary, all of these exposures should be brought together and assigned to the geographical area "Other countries". This latter option is told in question ID 2013_143 referring COREP but also extending it to FINREP. In this case, which code should be assigned to "Other countries"? On the other hand, irrespective of the options, can multilateral banks be considered as "country" for this purpose, or it is just for the rest of international organisations? Thanks.

Background on the question:

The ITS articles do not make this issue clear.

Date of submission:
25/03/2014
Published as Final Q&A:
16/01/2015
Final Answer:
The reporting of country of residence of the counterparty for international organisations to be reported within F20.04- F20.07 should be considered as described in question 2013_143.
 
Question 2013_108 only states, that pseudo-ISO codes for international organisations are available and not that they have to be used for reporting purposes according to the ITS on Supervisory reporting.
Status:
Final Q&A
Answer prepared by:
Answer prepared by the EBA.
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