Question ID:
2015_1735
Legal Act:
Regulation (EU) No 575/2013 (CRR)
Topic:
Supervisory reporting - Liquidity (LCR, NSFR, AMM)
Article:
415
Paragraph:
3
Subparagraph:
b
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:
Draft ITS on Supervisory Reporting of Institutions
Article/Paragraph:
Annex XXI, Instructions to template C69.00. Paragraph 1.4.3.2.
Disclose name of institution / entity:
Yes
Name of institution / submitter:
Swedish Bankers' Association
Country of incorporation / residence:
Sweden
Type of submitter:
Industry association
Subject Matter:
Possible redundant “overnight” in text.
Question:

Possible redundant “overnight” in text causing confusion.

Background on the question:

In the Annex XXI, the instruction to template C69.00, paragraph 1.4.3.2, there is a word “overnight” in the text that cause confusion. The text in paragraph 1.4.3.1 is similar and there the word “overnight” is logical. In 1.4.3.2 “overnight” make no sense. We suspect that the word “overnight” has been copied to 1.4.3.2 by mistake?

Date of submission:
19/01/2015
Published as Final Q&A:
18/12/2015
Final Answer:

The word “overnight” in para. 1.4.3.2 of Annex XXI of final draft implementing technical standard (ITS) on additional liquidity monitoring metrics under Article 415(3)(b) of Regulation (EU) No 575/2013 (EBA/ITS/2013/11/rev1 (of 24 July 2014)) can be considered as wrong and will be deleted in a future review of the ITS.

 

DISCLAIMER:

The present Q&A on Supervisory reporting is provisional. It will be reviewed after the Implementing Regulation is in force and published in the Official Journal, which may differ from the text of the draft ITS to which this Q&A relates.

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