Question ID:
Legal Act:
Regulation (EU) No 575/2013 (CRR)
Supervisory reporting - COREP (incl. IP Losses)
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:
Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)
Annex II Para 82 -84; Annex I, C09.03, c010, r010
Disclose name of institution / entity:
Type of submitter:
Competent authority
Subject Matter:
C 09.03 - Calculation of the breakdown of total own funds requirements for credit risk of relevant credit exposures by country (CR GB 3)

Suppose that a bank has an exposure an own funds requirements to country A of € 10,000 while the bank’s total exposures total own funds requirements (i.e. the aggregate exposure aggregated own funds requirements to all countries) is € 500,000. In addition, let’s say that the bank’s own funds is € 80,000. Would this mean that for the purposes of template C 09.03, under the sheet related to country A, the bank is required to report the amount of € 1,600 (i.e. (€ 10,000 / € 500,000) x € 80,000)?

Is the method above correct to calculate total own funds requirement for credit risk of relevant credit exposures by country or are there any guidelines issued by the EBA or found in the CRR?

Background on the question:

Refer to example given in the question box.

Date of submission:
Published as Final Q&A:
Final Answer:

In the sheet of template C 09.03 of Annex I to Regulation (EU) No 680/2014 (ITS on Supervisory Reporting) for a particular country, the amount of the own funds requirements calculated on the basis of the relevant credit exposures of that country shall be reported.

Based on the example above the own funds requirements reported in the sheet for country A are 10.000€.

The own funds requirements reported in C 09.03 are only one element of the institution specific countercyclical buffer rate, the calculation of which is described in Article 140 (1) of Directive 2013/36/EU (CRD).

* As of 25/10/2016, this answer was corrected.

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