2014_1186 Template C09.03 (CR GB3) - Breakdown of total own funds requirements for credit risk of relevant credit exposures by country.

Question ID:

2014_1186

Legal Act:

Regulation (EU) No 575/2013 (CRR)

Topic:

Supervisory reporting - COREP (incl. IP Losses)

Article:

COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:

Draft ITS on Supervisory Reporting of Institutions

Article/Paragraph:

Annex II instructions

Disclose name of institution / entity:

Type of submitter:

Credit institution

Subject Matter:

Template C09.03 (CR GB3) - Breakdown of total own funds requirements for credit risk of relevant credit exposures by country.

Question:

Template C09.03 (CR GB3) column 010; is the requirement to report risk weighted assets (RWAs) or Capital Requirement (RWAs x 8%)?

Background on the question:

The ITS requirements aren’t specific on what ‘element of the institution specific countercyclical buffer’ should be reported within column 010. The ITS on supervisory reporting when referring to own ‘own funds requirements’ requires RWAs to be reported e.g. CA2 template 'own funds requirements' requires RWAs.

Date of submission:

13/05/2014

Published as Final Q&A:

29/01/2016

Final Answer:

In accordance with Annex II of Regulation (EU) No. 680/2014 (ITS on Reporting), the instructions of template C 09.03, row 010 (Annex I) clarify that the amount reported should be the own funds requirements for relevant credit exposures, trading book exposures and securitisation exposures in accordance with Article 140 (4) of Directive 2013/36/EU (CRD).

Those own funds requirements are determined in accordance with Part Three, Title II and Title IV of Regulation (EU) No 575/2013 (CRR) and are reported by country according to point 83 of Annex II of the ITS on Reporting.

Status:

Final Q&A

Answer prepared by:

Answer prepared by the EBA.