2016_2843 Invalid CRR article reference within leverage ratio ITS (regulation (EU) 2016/428)

Question ID:: 2016_2843
Legal Act:: Regulation (EU) No 575/2013 (CRR)
Topic:: Supervisory reporting - Leverage ratio
Article:: 430
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:: Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)
Article/Paragraph:: Regulation (EU) 2016/428, Part II, Chapter 8 (C43.00)
Disclose name of institution / entity:: No
Type of submitter:: Credit institution
Subject Matter:: Invalid CRR article reference within leverage ratio ITS (regulation (EU) 2016/428)
Question:: The instructions for cells {180;020} and {180;040} of the leverage ratio report 'C43.00 — Alternative breakdown of leverage ratio exposure measure components (LR4)' contained in the leverage ratio ITS make reference to "exposures in the form of covered bonds under Article 161(d) of the CRR". "Article 161(d)" is not a valid reference to the CRR. Is the intended reference 'article 161(1)(d)'?
Background on the question:: Current (as at 22.07.2016) version of leverage ratio ITS (regulation (EU) 2016/428 (amending 680/2014)): http://eur-lex.europa.eu/eli/reg_impl/2016/428/oj Current (as at 22.07.2016) version of the CRR: http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02013R0575-2016...
Date of submission:: 22/07/2016
Published as Final Q&A:: 03/02/2017
Final Answer:: There is indeed a typo. “Article 161(d) CRR” should be read “Article 161 (1) d) CRR”. The reference will be corrected in the next version of Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions.
Status:: Final Q&A
Answer prepared by:: Answer prepared by the EBA.