Question ID:
2014_924
Legal Act:
Regulation (EU) No 575/2013 (CRR)
Topic:
Supervisory reporting - FINREP (incl. FB&NPE)
Article:
81
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:
Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)
Article/Paragraph:
Annexe XV and Annexe III
Disclose name of institution / entity:
No
Type of submitter:
Consultancy firm
Subject Matter:
Annex XV - Validation formulae and FINREP F 05.00
Question:

In Report F05.00 - Breakdowns of Loans and Advances by Product, there is validation rule the following validation rule: ID: v0875_m {r080} = sum(r010-070) R080 is using MCY dimension's x469, and R010-070 are using x469's children in MC1 hierarchy, except for R070. R070 is using x226, which is not part of the hierarchy but standalone member in MCY dimension. In addition, x469 has x8 as its children which has nothing to do with it.

Background on the question:

Failure of validation rules due to inconsistency in taxonomy

Date of submission:
10/03/2014
Published as Final Q&A:
26/09/2014
Final Answer:

Validation rule v0875_m is correct. Also the definitions of rows 010-080 of F 05.00 Template in the DPM are correct.

MC1 hierarchy has to be changed in the next available version of the Regulation (EU) No 680/2014 13 ITS on Supervisory Reporting of institutions (ITS) to include the member x226 (2206 Loans and advances. Advances that are not loans) instead of member x8 (1828, Accounting Hedges. Ineffectiveness in profit or loss from hedges of net investments in foreign operations). 

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