- Question ID
-
2014_1233
- 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- Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)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 C.17.00
- Type of submitter
-
Credit institution
- Subject matter
-
Operational Risk templates
- Question
-
In order to fulfill the information of operational risk losses, we would like to know if we should include the following concept of losses: -Operational risk related credit risk losses. Losses included in the credit risk capital data base, but originated for an operational risk event.
- Background on the question
-
These operational risk related credit risk losses are already included in the credit risk losses.
- Submission date
- Final publishing date
-
- Final answer
-
Operational risk losses that are related to credit risk and that the institution is required to treat as credit risk for the purposes of calculating own funds requirements according to Article 322 (3) b) CRR shall not be reported in the template C 17.00 of Annex I of Regulation (EU) 680/2014 - ITS on supervisory reporting. The same holds for institutions using the Standardised Approach, though Article 322 (3) b) CRR is not directly applicable to those institutions.
- Status
-
Final Q&A
- Answer prepared by
-
Answer prepared by the EBA.