Question ID:
2014_1287
Legal Act:
Regulation (EU) No 575/2013 (CRR)
Topic:
Supervisory reporting - Leverage ratio
Article:
430
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:
Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)
Article/Paragraph:
Annex XI
Disclose name of institution / entity:
No
Type of submitter:
Other
Subject Matter:
Classification of institution in LR5
Question:

What should be reported in {LR5;040;1} in case of brokerage houses?

Background on the question:

Brokerage activity does not match with either of:
Universal banking (retail/commercial and investment banking)
Retail/commercial banking
Investment banking
Specialised lender

Date of submission:
12/06/2014
Published as Final Q&A:
07/04/2017
Final Answer:

According to the instructions on {r040, c010} of template C 44.00 (LR5) of Annex X to Regulation (EU) No 680/2014 (ITS on Supervisory Reporting) as provided in Annex XI thereto, the institution shall classify its institution type in row 040 of template C 44.00 of Annex X to the ITS on Supervisory Reporting according to the categories given below:

 - Universal banking (retail/commercial and investment banking)

 - Retail/commercial banking

 - Investment banking

 - Specialised lender

To take account of activities not covered by the four categories above, including ‘Brokerage activity’, a fifth category ‘other’ will be created and incorporated into a future version of the ITS on Supervisory Reporting. In the meantime, reporting institutions whose business cannot be assigned to one of the categories above should leave the cell blank.

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