Should Specialised Lending and Speculative Immovable Property Financing exposures be reported in the CR IP Losses template?
The requirement to include Specialised Lending and Speculative Immovable Property Financing exposures is not clear in the instructions to the template.
As clarified in paragraph 11 of Annex VII of Commission Implementing Regulation (EU) No. 680/2014 (ITS on Supervisory Reporting), exposures treated according to Part Three, Title II of CRR and collateralized by immovable property where the related collateral is used to reduce own funds requirements shall be included in template C 15.00. This means that the scope of application of template C 15.00 (CR IP Losses) of ITS on Supervisory Reporting does neither include exposures for which the institution is using the methods set out in Article 153(5) of Regulation (EU) No 575/2013 (CRR) for assigning IRB risk weights for specialized lending exposures, nor exposures which the institution has assigned under the standardized approach to the exposure class “exposures associated with particularly high risk” according to Articles 112(k) and 128 CRR