Question ID:
2022_6447
Legal Act:
Regulation (EU) No 575/2013 (CRR)
Topic:
Supervisory reporting - COREP (incl. IP Losses)
Article:
430
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:
Regulation (EU) 2021/451 – ITS on supervisory reporting of institutions
Article/Paragraph:
Annex 15 (validation rules)
Disclose name of institution / entity:
No
Type of submitter:
Credit institution
Subject Matter:
COREP reporting in case of positive impairments for purchased or originated credit-impaired financial assets (POCI)
Question:

In case of purchased or originated credit-impaired financial assets (POCI), also positive values for value adjustments can be reported in COREP reports.

Some DPM validation rules do not allow reporting positive values. Since it is possible to have positive impairments for the POCI assets, could the validation rule be modified in this respect?

Background on the question:

In case of purchased or originated credit-impaired financial assets (POCI), also positive values can be reported in COREP template C 07.00, column 0030. Some DPM validation rules (listed below) do not allow the reporting of positive values and, consequently, reports are rejected. 

Warning: v3699_s: [C 07.00.a (All rows, c0030, All sheets)] {C 07.00.a} <= 0

Error: v3708_s: [C 07.00.c (r0290;0310, c0030;0216;0217, s0001;0002;0003;0004;0007;0008;0009)] {C 07.00.c} <= 0

Warning: v2040_s: [C 07.00.d (r0300;0320, c0030;0216;0217, s0001;0002;0003;0004;0007;0008;0009)] {C 07.00.d} <= 0

Please refer also to the Q&A 2018_3876 for similar issue for FINREP reporting.

Date of submission:
11/05/2022
Published as Rejected Q&A
28/10/2022
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 (see list updated as of 09/09/2022).

Status:
Rejected question
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