Question ID
2019_4821
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - Liquidity (LCR, NSFR, AMM)
Article
427
Paragraph
1
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Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)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 XII, ANNEX XIII - (PART 5 of 5: STABLE FUNDING)
Type of submitter
Individual
Subject matter
Operational deposits in NSFR
Question

Should operational deposits 422(3)(c) and part of 422(3)(a) not covered by DGS should be reported in ID 1.2.8 (row 250 of C61 ASF) – ‘any other liabilities’ or in IDs 1.2.2.3 and 1.3.3.3 of C61 (ASF)? Current instructions appear contradictory and may lead to inconsistent reporting.

Background on the question

Instruction in ITS on Supervisory reporting on NSFR (C61) appear contradictory to the template in respect of presentation of the Operational deposits from non-financial and financial customers. According to the ITS: • IDs 1.2.2.3 and 1.3.3.3 of C61 (ASF) should include ‘liabilities that qualify for treatment in Article 422(3) and (4)’. These rows are greyed out (should represent the sum of underlying rows (rows 110-130 and 180-200 respectively). • IDs 1.2.2.3.1-3 and 1.3.3.3.1-3 of C61 (ASF) Rows 110-130 and 180-200 only represent a part of the operational deposits listed in Article 422(3) and (4) i.e. 422(3)(b), 422(3)(d) and part of 422(3)(a) covered by DGS. • This means that the IDs 1.2.2.3 and 1.3.3.3 of C61 (ASF) do not include operational deposits 422(3)(c) and part of 422(3)(a) not covered by DGS, and therefore cannot represent a full scope of ‘liabilities that qualify for treatment in Article 422(3) and (4)’. Were IDs 1.2.2.3 and 1.3.3.3 of C61 not meant to be the sum of IDs 1.2.2.3.1-3 and 1.3.3.3.1-3 respectively? Or does it mean that the operational deposits 422(3)(c) and part of 422(3)(a) not covered by DGS should be reported in ID 1.2.8 (row 250 of C61)?

Submission date
Final publishing date
Final answer

With regard to reporting of Template C 61.00 Stable funding – items providing stable funding, ID 1.2.2.3 refers to the reporting of liabilities that qualify for the treatment described in Article 422(3) and (4) of the CRR. However, as the corresponding row is greyed out, it is not possible to report the total amount of operational deposits according to Article 422(3) and (4) of the CRR. The items under IDs 1.2.2.3.1 to 1.2.2.3.3 report only some of the operational deposits. Since the relevant reporting row is unavailable, operational deposits not addressed by IDs 1.2.2.3.1 to 1.2.2.3.3 should be reported in row 100 under ID 1.2.2.2 liabilities from unsecured lending transactions with non-financial customers. In the same way, operational deposits not covered by rows 0180-0200 shall be reported in row 0170.

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.