Question ID
2014_809
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - Liquidity (LCR, NSFR, AMM)
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Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)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
Annex XV
Type of submitter
Credit institution
Subject matter
IIlogical validation in Annex XV
Question

IIlogical validations in Annex XV

Background on the question

We believe that next validations (form Annex XV) may contain logical errors: - v1548_m: sum({C 61.00.x, r040, (c010-050)}) = sum({C 52.00.w, c010, (r020-030)}) - v1549_m: sum({C 61.00.x, r050, (c010-050)}) = sum({C 52.00.w, (r040-050), c010}) - v1550_m: sum({C 61.00.x, r060, (c010-050)}) = sum({C 52.00.w, c010, (r060-090)}) Total retail deposits in stable funding in RSF can be higher than retail outflows in LCR.

Submission date
Final publishing date
Final answer
The Stable Funding Template C 61.00 row 040, 050, 060 only refers to Art. 421(1) and 421(2) of the Regulation (EU) No 575/2013 (CRR) what might lead to interpret that retail deposits according to Art. 421(5) of the CRR (e.g, term deposits when the depositor is not allowed to withdraw within 30 days) should not be reported under rows 040, 050, 060 in C 61.00. However, term deposits must certainly be taken into account as items providing stable funding. Consequently, the instructions for rows 040, 050 and 060 in C 61.00 shall clarify that retail deposits according to Art. 421(5) of the CRR shall also be included, a legal reference to Art. 421(5) shall be inserted in C 61.00 for rows 040,050 and 060 and validation rules shall be rectified as follows:- v1548_m: sum({C 61.00.x, r040, (c010-c050)}) >= sum({C 52.00.w, c010, (r020-030)})- v1549_m: sum({C 61.00.x, r050, (c010-c050)}) >= sum({C 52.00.w, c010, (r040-050)})- v1550_m: sum({C 61.00.x, r060, (c010-c050)}) >= sum({C 52.00.w, c010, (r060-090)}).
Status
Final Q&A
Answer prepared by
Answer prepared by the EBA.

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