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:
Not applicable
Article/Paragraph:
Not applicable
Disclose name of institution / entity:
Yes
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.

Date of submission:
28/07/2022
Published as Final Q&A:
25/11/2022
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.
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