For some Institution, which don't follow the IFRS recommendations respective interest income on liabilities and interest expense on assets it might happen,,that they show negative interest income. Because according to Austrian GAAP it it is allowed, that negative interest rates reduce interest income and might turn negative. So v3950_s can not be fulfilled in some cases and therefore v3950_s should be "non-blocking" for nGAAP reporters.
v3950_s should be 'non-blocking', because for nGAAP Reporters, which don't follow the IFRS recommendations, interest income might turn negative.
Validation rule v3950_s ({F 16.01.a} >= 0) assumes that interest income and expense are always shown as positive values.
Annex V of Regulation (EU) No 680/2014 (ITS on Supervisory Reporting, as amended by Regulation (EU) 2016/1702) stipulates as follows:
The FINREP reporting outline is set by the templates and DPM. The values shown in the accounting framework have to be allocated to the respective FINREP cells. Therefore, for the purposes of supervisory reporting, negative interest on assets / positive interest on liabilities results in the amounts being shown as expense / income in specific rows to capture this phenomenon as a positive value. In this case, validation rule v3950_s should be respected also by nGAAP reporters.
However, if it is not provided by a National GAAP based on BAD to consider negative interest on assets as expenses or positive interest on liabilities as income, the consequence might be that the specific rows dedicated to negative interest cannot be filled in as these values are not available. In such a case, v3950_s ({F 16.01.a} >= 0) may fail for a justified reason. To take account of this fact, v3950_s was demoted ‘non-blocking’.