- Question ID
-
2022_6475
- Legal act
- Regulation (EU) No 575/2013 (CRR)
- Topic
- Credit risk
- Article
-
Article 113
- COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
- Not applicable
- Article/Paragraph
-
-
- Type of submitter
-
Competent authority
- Subject matter
-
Credit risk and EBA Clearing instant payment system RT1
- Question
-
Credit institutions are participating in EBA Clearing instant payment system RT1.
Whether the bank’s credit risk exposure related to the system holding balance is to the system operator, ie EBA Clearing or to the European Central Bank as the institution managing the consolidated accounts?
- Background on the question
-
Credit institutions are participating in EBA Clearing instant payment system RT1.
The system is operated by a separate legal entity, EBA Clearing, which has entered into instant payments agreements with member banks of the system. EBA Clearing has also entered into an agreement with the European Central Bank, which is the institution holding the consolidated account of TARGET2.
Whether the bank’s credit risk exposure related to the system holding balance is to the system operator, ie EBA Clearing or to the European Central Bank as the institution managing the consolidated accounts?
- Submission date
- Rejected publishing date
-
- Rationale for rejection
-
This question has been rejected because to ensure the effectiveness of the Q&A process it focuses on answering questions that are likely to be relevant to a broad set of stakeholders – for example, a large number, broad range or wide geographical distribution – rather than questions which address circumstances which appear likely to be relevant only to the particular circumstances of certain stakeholders or transactions.
For further information on the purpose of this tool and on how to submit questions, please see “Additional background and guidance for asking questions”.
- Status
-
Rejected question