Should column 070 of C40.00 be exempted from the application of validation rule v0101_h and v0102_h?

Validation rule v0101_h: {r010} = +{r020} + {r050} + {r060}
(applicable for columns 010, 020, 050 and 070 of C 40.00)

Validation rule v0102_h: {r020} = +{r030} + {r040}
(applicable for columns 050 and 070 of C 40.00)

According to Part II, No 3 of Annex XI of Regulation (EU) No 680/2014, as amended by Regulation (EU) 2016/428, some of the cells of C 40.00 should only be reported if certain materiality thresholds for derivatives are met. However, the following three cells shall always be reported, irrespective of whether or not the thresholds are met: {C40.00;r010;c070}, {C40.00;r020;c070} and {C40.00;r050;c070} (see par. 9 and 10).

This may result in a breach of v0101_h if exposures are included in the totals cell {C40.00;r010;c070} but are not reported in {C40.00;r060;c070} due to the materiality thresholds since the sum of the reported amounts of the cells {C40.00;r020;c070}, {C40.00;r050;c070} and {C40.00;r060;c070} would then no longer correspond to the amount reported in {C40.00;r010;c070}.

The same applies to v0102_h as institutions may not need to populate the cells {C40.00;r030;c070} and {C40.00;r040;c070} even if they report a value in {C40.00;r020;c070}.

The comment is correct and the validation rules v0101_h and v0102_h applied to template C 40.00 of Annex X of Regulation (EU) No 680/2014 (ITS on Supervisory Reporting) as amended by Regulation (EU) 2016/428 will be amended as soon as possible.