Question ID
2022_6533
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 - Columns d and e
Question

Could you specify which kind of answers are expected under 'type of risk mitigated' (column d and e)?

Background on the question

In the type of risk mitigated columns (columns d and e), which kind of answer is expected (e.g. binary yes/no, description of the underlying specific risks being mitigated, the allocate portion of column C in GCA)?

Submission date
Final publishing date
Final answer

'Columns d' and 'e' in Template 10 of Annex XXXIX to the Final draft implementing technical standards on prudential disclosure on ESG risks in accordance with Article 449a CRR should report only qualitative information (risk type, yes/no binary option), whereas 'column c' should report the gross carrying amount (quantitative data). Therefore, institutions have to provide a qualitative answer and describe the nature of the mitigating actions in 'column f'. Additionally, banks can add (in 'column f') as many rows as the specific risks mitigated in order to provide more detailed information.

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

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