- Question ID
-
2017_3254
- 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- Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)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
-
Annexes XVIII and XIX
- Type of submitter
-
Credit institution
- Subject matter
-
Treatment of Credit Unions in C 68.00 ALMM Reporting
- Question
-
How should Credit Unions be classified for ALMM reporting?
- Background on the question
-
The LCR Delegated Act 2015/61 Article 28.1 states that for the purposes of LCR reporting Credit Unions can be classified as Non Financial Corporates. Can this classification also be used for the ALMM reporting or should they be classed as NBFI?
- Submission date
- Final publishing date
-
- Final answer
-
Template C 68.00 Annex XVIII to Regulation (EU) No 680/2014 (ITS on Supervisory Reporting) makes reference to the customer groups ‘financial customer’ and ‘non-financial customer’. Legal entities that perform one or more of the activities or fall under the categories referred to in Article 411(1) of Regulation (EU) No 575/2013 (CRR) or Article 3(9) of Regulation (EU) 2015/61 (LCR DA) shall be regarded as ‘financial customers’.
Annex XVIII does not provide for any exemptions from this definition.
- Status
-
Final Q&A
- Answer prepared by
-
Answer prepared by the EBA.