Template C 101.00 ‘Definition of Low Default Portfolio Counterparties’ (Annex I): Shall the columns Legal entity identifier, Credit register code, Commercial register code, ISIN Code and Bloomberg ticker be used with ‘AND’ or ‘OR’ rule to identify the exposure of the individual counterparties?
It is unclear if we have to use ‘AND’ or ‘OR’ rule.
The columns 020, 030, 040, 050, 060, 070 and 080 of C 101.00 of Annex I to the Draft ITS on Supervisory Reporting for Institutions for benchmarking the internal approaches (ITS on Supervisory Benchmarking) provide different information on the same counterparty (LEI, example of ISIN,…) with the objective to allow the institution to identify properly the relevant counterparty.
All exposures to that counterparty then have to be reported in the corresponding row of Annex III to the ITS on Supervisory Benchmarking.
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. The text of the Implementing Regulation may differ from the text of the draft ITS to which this Q&A refers.