2014_906 C 14.00 – DETAILED INFORMATION ON SECURITISATIONS (SEC DETAILS) - FIELD 210

Question ID:: 2014_906
Legal Act:: Regulation (EU) No 575/2013 (CRR)
Topic:: Supervisory reporting - COREP (incl. IP Losses)
Article:: N/A
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Acts/RTS/ITS/GLs/Recommendations:: Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)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 REPORTING ON OWN FUNDS AND OWN FUNDS REQUIREMENTS
Disclose name of institution / entity:: Yes
Name of institution / submitter:: Parker James
Country of incorporation / residence:: UK
Type of submitter:: Individual
Subject Matter:: C 14.00 – DETAILED INFORMATION ON SECURITISATIONS (SEC DETAILS) - FIELD 210
Question:: Field 210 - (-) Value Adjustments and Provisions. Do the value adjustments and provisions reported here related to the securitised exposures or the securitised positions? Guidelines are contradictory.
Background on the question:: The guidelines for this field state "This column gathers information on the value adjustments and provisions applied to the securitised exposures" however refers to column 060 of CR SEC SA which relates to the securitisation positions. Does this field therefore relate to the securitised exposures e.g. mortgages or securitised positions e.g notes?
Date of submission:: 06/03/2014
Published as Final Q&A:: 05/09/2014
Final Answer:: The value adjustments and provisions required in column 210 of C 14.00 Template are referred to securitised exposures.
Status:: Final Q&A
Answer prepared by:: Answer prepared by the EBA.