Question ID:
2014_782
Legal Act:
Regulation (EU) No 575/2013 (CRR)
Topic:
Liquidity risk
Article:
423
Subparagraph:
5b
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:
Not applicable
Article/Paragraph:
NA
Disclose name of institution / entity:
No
Type of submitter:
Credit institution
Subject Matter:
Outflows
Question:

Article 423 subparagraph 5(b) states that: 5. The institution shall add an additional outflow corresponding to: (b) collateral that is due to be returned to a counterparty; What is meant by “returned”? Is this intended to be “not yet posted”? Collateral which is due to be posted by the institution, but has not yet been, is not necessarily collateral which is being returned to a counterparty.

Background on the question:

Need for consistency

Date of submission:
28/01/2014
Published as Rejected Q&A
11/02/2022
Rationale for rejection:

Please note that as part of adjustments to the Single Rulebook Q&A process, agreed by the EBA and the European Commission, it has been decided to reject outstanding questions submitted before 1 January 2020, when the Q&A process was updated as part of the last ESAs Review. In particular, the question that you have submitted has now regrettably been rejected and will not be addressed.

If you believe your question would still benefit from clarification, you are invited to resubmit your question, adapting it to reflect any legislative, regulatory or other relevant developments that may have occurred since the initial date of submission. The EBA will aim to address resubmitted questions as a matter of priority. When considering to resubmit, you are kindly requested to observe the updated admissibility criteria agreed in the context of the adjustment of the Q&A process, available in the Additional background and guidance for asking questions. We hope for your understanding.

For further information please refer to the press release and the updated Q&A page.

Status:
Rejected question
Image CAPTCHA