Question ID
2016_2700
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - Liquidity (LCR, NSFR, AMM)
Article
415
Paragraph
3
Subparagraph
b
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)
Article/Paragraph
Annex XIX
Name of institution / submitter
Bank of Cyprus
Country of incorporation / residence
Cyprus
Type of submitter
Credit institution
Subject matter
Rollover of Funding
Question

Treatment of Current Accounts that have available limit being utilised: Example 1 Suppose i have a current account with opening current credit balance of EUR 100 and available limit of 150 on day 1. This account will show as a current account deposit for the rollover of funding report. Assume that the owner withdraws EUR 150 during the day. Therefore, at the end of the day it has a debit balance of EUR 50. If this is the only account the bank has, how will it show in the rollover of funding? Example 2 Suppose i have a current account with opening current debit balance of EUR 70 since it utilises its limit on day 1. This account will not show in my deposits in the rollover of funding report. Assume that the owner deposits EUR 100 during the day. Therefore, at the end of the day it has a credit balance of EUR 30. If this is the only account the bank has, how will it show in the rollover of funding?

Background on the question

This report aims at collecting information regarding the maturity and renewal of funding based on type of customer and initial tenor. The problem encountered relates to current accounts with available limit. These accounts could be shown as deposits in day 1 and as a loan in day 2. Therefore, their treatment needs to be determined.

Submission date
Final publishing date
Final answer

Debit balances on deposits are not considered in C 70.00 of Annex XVIII to Regulation (EU) No 680/2014 (ITS on Supervisory Reporting) as they do not constitute liabilities.
Accordingly, as concerns Example 1, the amount of 100 should be reported as Maturing on Day 1.
What concerns Example 2, the amount of 30 should be reported as New Funds on the day the owner deposited the amount of 100.

Example 1 proposed answer:

Maturing

Rollover

New Funds

Net

Day 1

100

0

0

-100

Day 2

0

Example 2 proposed answer:

Maturing

Rollover

New Funds

Net

Day 1

0

0

0

0

Day 2

30

30

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

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