2021_6313 Deactivating Validationrule v10549_h

Question ID:

2021_6313

Legal Act:

Regulation (EU) No 575/2013 (CRR)

Topic:

Supervisory reporting - COREP (incl. IP Losses)

Article:

Paragraph:

Subparagraph:

COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:

Not applicable

Article/Paragraph:

Article 4(1) CRR

Disclose name of institution / entity:

Type of submitter:

Credit institution

Subject Matter:

Deactivating Validationrule v10549_h

Question:

The validation rule v10549_h should be deactivated?

Background on the question:

The validation rule v10549_h compares the risk weighted exposure amounts between C08.01 and C34.07. EBA_v10549: [[C 08.01.a] {C 34.07, r0180, c0060, s0012} = +{C 08.01.a, r0050, c0260, s0012} + {C 08.01.a, r0060, c0260, s0012} + {C 08.01.a, r0040, c0260, s0012}

According to the Annex II (INSTRUCTIONS FOR REPORTING ON OWN FUNDS AND OWN FUNDS REQUIREMENTS), chapter 3.9.8.2, description “Rows 0010-0170”, the CRR Exposure in C34.07 shall be allocated to the appropriate bucket of the fixed PD scale base on the PD estimated for each obligor assigned to this exposure class, without considering any substitution due to the existence of a guarantee or a credit derivative. In C08.01 the exposure amounts were allocated with considering substitution effect (Credit risk mitigation as defined in point (57) of Article 4(1) CRR).

Date of submission:

15/12/2021

Published as Rejected Q&A

03/03/2023

Rationale for rejection:

This question has been rejected because the matter it refers to is in the process of being answered in Q&A 2023_6718.

Status:

Rejected question