Question ID
2022_6531
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Transparency and Pillar 3
Article
449a
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Regulation (EU) 2022/2453 - ITS on ESG disclosures
Article/Paragraph
Not applicable
Name of institution / submitter
Dutch Banking Association
Country of incorporation / residence
The Netherlands
Type of submitter
Industry association
Subject matter
Template 10: Other climate change mitigating actions - Scope of Bonds and Loans
Question

Could you clarify which types of 'bonds and loans' are in scope?

Background on the question

“Bonds and loans” are in scope of template 10 "Other climate change mitigating actions that are not covered in the EU Taxonomy" of Annex XXXIX to the Final draft implementing technical standards on prudential disclosures on ESG risks in accordance with Article 449a CRR. However, it is not specified if bonds for which banks act as issuers/underwriters are included.

Submission date
Final publishing date
Final answer

The purpose of template 10 "Other climate change mitigating actions that are not covered in the EU Taxonomy" of Annex XXXIX to the Final draft implementing technical standards on prudential disclosures on ESG risks in accordance with Article 449a CRR is to provide information on other actions put in place by the institution to mitigate climate-change-related risks, exposures that are not considered under the Green Asset Ratio (GAR) in templates 7 and 8. Template 10 is conceived to complement on the assets not included in templates 7 and 8.

Only bonds and loans on the asset side of the balance sheet of the institution should be in scope for disclosure in template 10.

Status
Final Q&A
Answer prepared by
Answer prepared by the EBA.

Disclaimer

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