2014_1177 Inclusion of Specialised Lending in CR IP Losses template

Question ID:: 2014_1177
Legal Act:: Regulation (EU) No 575/2013 (CRR)
Topic:: Supervisory reporting - COREP (incl. IP Losses)
Article:: 101
Paragraph:: 1
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:: Draft ITS on Supervisory Reporting of Institutions
Article/Paragraph:: Annex VII
Disclose name of institution / entity:: No
Type of submitter:: Credit institution
Subject Matter:: Inclusion of Specialised Lending in CR IP Losses template
Question:: Should Specialised Lending and Speculative Immovable Property Financing exposures be reported in the CR IP Losses template?
Background on the question:: The requirement to include Specialised Lending and Speculative Immovable Property Financing exposures is not clear in the instructions to the template.
Date of submission:: 09/05/2014
Published as Final Q&A:: 05/03/2021
Final Answer:: 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
Status:: Final Q&A
Answer prepared by:: Answer prepared by the EBA.