- Question ID
-
2022_6377
- Legal act
- Regulation (EU) No 575/2013 (CRR)
- Topic
- Supervisory reporting - COREP (incl. IP Losses)
- Article
-
273a(3), 430
- COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
- Regulation (EU) 2021/451 – ITS on supervisory reporting of institutions (repealed)
- Article/Paragraph
-
Annexes I and II
- Name of institution / submitter
-
ABN AMRO CLEARING BANK N.V.
- Country of incorporation / residence
-
Netherlands
- Type of submitter
-
Credit institution
- Subject matter
-
v09805_m, size of the derivatives business
- Question
-
Is validation rule v09805_m applicable?
- Background on the question
-
With respect to validation rule v09805_m, we have the following question:
The validation rule is related to template C 34.01. It says that row 0050 must be smaller than 100% for columns 0030, 0060 and 0090.
The size of the derivative business is larger than the total assets of our bank. The derivative positions from our bank is the derivative position of our clients and this is reported off-balance and is in total larger than the total assets of our bank. Because the derivative position for our bank is larger than the total assets, is this validation rule is not suitable for our bank.
We would like to receive guidance on how to proceed, either by change in reporting or acceptance of the report with a validation error.
- Submission date
- Rejected publishing date
-
- Rationale for rejection
-
This question has been rejected because the matter it refers to has already been identified and will be considered for a forthcoming release of the validation rules.
- Status
-
Rejected question