Question ID
2018_4434
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - FINREP (incl. FB&NPE)
Article
99
Paragraph
2
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)
Article/Paragraph
Annex III
Type of submitter
Credit institution
Subject matter
[eba_v1042_m] f16.01
Question

Why the total of the table F16.01.b doesn't follow the rule [eba_v1042_m]? Is this related to negative interest rates?

Background on the question

For September 2017, The total submitted in F16.01.b, r270 corresponds to the sum of the rows as described in the formula from the validation v1042: {F 16.01.b, r270} = {F 16.01.a, r010} + {F 16.01.a, r160} + {F16.01.a, r230} + {F 16.01.a, r240} + {F 16.01.a, r250} + {F16.01.a, r260} However, the cell r270 is showing a different value, not the one from the formula. I tried to look for other Q&A on this validation rule but couldn't find anything.

Submission date
Final publishing date
Final answer

Validation rule v1042_m (merged with validation rule v1041_m from taxonomy 2.7) checks that row 270 for income (column 010) and expenses (column 020) of template F 16.01 are the total of all bold rows of this template including rows 020, 080 and 150. I.e. F16.01 provides the breakdown of the total interest income and total interest expenses.
Validation rules v3483_i and v3484_i (replaced respectively by v5596_i and v5599_i from taxonomy 2.7 for naming update but keeping the same syntax) indicate that total interest income and total interest expenses are the same between template F02 and template F 16.01. They are identities, i.e. data is reported only once although it is represented in both templates.
Reporting instructions in case of income and expenses related to negative interest rate are aligned between those two templates as provided under Annex V paragraph 37 to 39 for template F02 and paragraph 187-190 for template F 16.01.
Consequently those validation rules are correct.

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

Disclaimer

The Q&A refers to the provisions in force on the day of their publication. The EBA does not systematically review published Q&As following the amendment of legislative acts. Users of the Q&A tool should therefore check the date of publication of the Q&A and whether the provisions referred to in the answer remain the same.