Question ID:
Legal Act:
Regulation (EU) No 575/2013 (CRR)
Supervisory reporting - FINREP (incl. FB&NPE)
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:
Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)
Annex V, validation rules, DPM 2.1 and DPM 2.2
Disclose name of institution / entity:
Name of institution / submitter:
Swedish Bankers' Association
Country of incorporation / residence:
Type of submitter:
Industry association
Subject Matter:
Reporting of cash collaterals included in repurchase agreements in F 08.01

In template F 08.01, repurchase agreements shall be reported in rows 100, 150, 200, 250, 300 and 350.

According to the instructions (Annex V, Part 2, 91(a)) to template F 15.00, cash collaterals should be reported as repurchase agreement.

There is a validation rule that partly ties the templates F 08.01 and F 15.00 together:
v0912_m: {F 15.00.b, r190,c060} <= xsum({F 08.01.a, (r100, r150, r200, r250, r300, r350, c010-035)})

Does it imply that cash collaterals also should be included in repurchase agreements in template F 08.01?

Background on the question:

Inconsistencies in the validation rules. Information required for mapping of FINREP data points

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

In template F 08.01 of Annexes III and IV to Regulation (EU) No 680/2014 (ITS on Supervisory Reporting), financial liabilities are reported broken down by product and counterparty sector. Repurchase agreements are reported in different rows of this template depending on the counterparty sector and different columns depending on the accounting classification.

In template F 15.00 of Annexes III and IV, those financial liabilities which are associated with transferred financial assets entirely recognised in the balance sheet are shown.

v0912_m checks that the amount of repurchase agreements reported in F 08.01 is equal or higher than the amount of those reported in F 15.00.

Securities lending with cash collateral shall be reported according to the accounting rules of repurchase agreements. So, they are included in the rows for repurchase agreements in F 08.01 (see also the respective definitions of the ECB BSI regulation (ECB/2013/33) as per the reference provided in Annexes III and IV for the respective rows of F 08.01).

If the securities lent are on the lender’s balance sheet, the cash received by the lender is also reported as repurchase agreement in F 15.00.

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