Question ID:
2017_3165
Legal Act:
Regulation (EU) No 575/2013 (CRR)
Topic:
Supervisory reporting - COREP (incl. IP Losses)
Article:
99
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:
Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)
Article/Paragraph:
Annexes I and II, C 12.00
Disclose name of institution / entity:
No
Type of submitter:
Other
Subject Matter:
C 12.00 - v0519_m
Question:

According to the validation rule v0519_m, the following assertion should be evaluated for row r070 and all columns between c010 and c370. For each column, r070 = r080 + r090. We think this equality's rule cannot be applied to c0300 and c0320 columns which are used to report Average Risk weight in %. In fact, that calculating the weighted average of a whole is not equal to summing the weighted average of all its subpart.

Background on the question:

Validation rule v0519_m

Date of submission:
15/02/2017
Published as Final Q&A:
07/04/2017
Final Answer:

v0519_m is not correct with regard to columns 300 and 320 of template C 12.00 of Annex I to Regulation (EU) No 680/2014 (ITS on Supervisory Reporting) where average risk weights are shown. The validation rule will be deactivated and amended correspondingly.

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