Question ID:
2014_1185
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Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)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 II
Disclose name of institution / entity:
No
Type of submitter:
Credit institution
Subject Matter:
Template C 09.02 (CR GB2) – Row 040 Specialised lending under the slotting criteria
Question:

Should 'Corporate Specialised Lending' reported within row 040 exclude specialised lending under the slotting criteria?

Background on the question:

The instructions on template C09.02 (CR GB2) incorporate a statement that 'Corporates - of which: Specialised Lending' reported within row 040, should exclude specialised lending under the slotting criteria referred to in article 153(5) of the CRR.
A validation rule requires both the CR GB 2 and CR IRB 1 Corporate - Specialised Lending to reconcile, but the exposure class 'Corporate - Specialised Lending' within the CR IRB 1 template doesn't exclude exposures under the slotting criteria.

Date of submission:
13/05/2014
Published as Final Q&A:
14/10/2016
Final Answer:

As stated in Annex II of Regulation (EU) No 680/2014 (ITS on Supervisory Reporting), row 040 of C 09.02 shall exclude specialised lending exposures, the risk-weighted exposure amounts of which are calculated according to Art. 153 (5) of Regulation (EU) No. 575/2013 (CRR).

The validation rules comparing values provided for specialized lending in C 09.02 and C 08.01 will either be amended to reflect this difference or deleted.

However, it should be noted that specialised lending exposures, the risk-weighted exposure amounts of which are calculated according to Art. 153 (5) CRR are included in row 030 (corporates) of template C 09.02.

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