Question ID:
2014_1101
Legal Act:
Regulation (EU) No 575/2013 (CRR)
Topic:
Supervisory reporting - COREP (incl. IP Losses)
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Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)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 I, C 09.02 - CR GB 2, validation rule v2245_h
Disclose name of institution / entity:
Yes
Name of institution / submitter:
BearingPoint Software Solutions
Country of incorporation / residence:
Germany
Type of submitter:
Consultancy firm
Subject Matter:
Validation Rule v2245_h
Question:

Should column 090 from form CR GB 2 still be in the scope of validation rule v2245_h? As the rule validates a sum and column 090 contains percentages it cannot be correct.

Background on the question:

Column 090 from form CR GB 2 contains the Exposure Weighted Average LGD(%) in percentages, thus the sum of rows 070, 100 and 110 cannot return a valid percentage for row 060.

Date of submission:
23/04/2014
Published as Final Q&A:
14/10/2016
Final Answer:

Validation rule v2245_h is not applicable to column 080 and 090 of template C 09.02 of Annex I to Regulation (EU) No. 680/2014 (ITS on Supervisory Reporting), since it contains percentages. The validation rule has been amended accordingly.

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