Question ID
2022_6541
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
Template 5
Name of institution / submitter
Finance Denmark
Country of incorporation / residence
Danmark
Type of submitter
Industry association
Subject matter
Template 5: Banking book - Climate change physical risk: Exposures subject to physical risks
Question

What is the relation between row 1-9 and 10-12? Are rows 10-12 based on the sectors mentioned in 1-9 only, or based on all sectors (including the ones not mentioned in 1-9)?

Background on the question

It is unclear for us if row 10 - 12 is a "of which" category of row 1-9 or if it has a broader coverage.

Submission date
Final publishing date
Final answer

Rows 10-12 in Template 5: Banking book - Climate change physical risk: Exposures subject to physical risk of Annex XXXIX to the Final draft implementing technical standards on prudential disclosures on ESG risks in accordance with Article 449a CRR are not “of which” categories of rows 1-9 and should cover all sectors  for a given geographic location.

Rows 1 through 9 of Template 5 concern loans and advances, debt securities and equity instruments in non-financial corporates (including loans that are collateralized by immovable property and repossessed real estate collaterals).

As indicated by row 13, when institutions hold significant loans and advances, debt securities or equity instruments (including loans that are collateralized by immovable property and repossessed real estate collaterals) in non-financial corporates whose main activity is not listed in rows 1 through 9, they should add the relevant NACE sector as necessary.

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

Disclaimer

The Q&A refers to the provisions in force on the day of their publication. The EBA does not systematically review published Q&As following the amendment of legislative acts. Users of the Q&A tool should therefore check the date of publication of the Q&A and whether the provisions referred to in the answer remain the same.