Question ID
2023_6682
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Large exposures
Article
394
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Regulation (EU) 2021/451 – ITS on supervisory reporting of institutions (repealed)
Article/Paragraph
Article 14/Paragraph 1
Type of submitter
Industry association
Subject matter
C 27.00 - Identification of the counterparty (LE1) Report, column 040 -Residence of the counterparty
Question
Reporting of the residence of the counterparty for a natural person. In order to report information on large exposures to natural persons the allocation in C27.00 Report column 040 -Residence of the counterparty should be done based on the country of residence or the country of nationality?
Background on the question
Article 14 - Reporting on large exposures on an individual and a consolidated basis of the COMMISSION IMPLEMENTING REGULATION (EU) 2021/451 of 17 December 2020 laying down implementing technical standards for the application of Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to supervisory reporting of institutions and repealing Implementing Regulation (EU) No 680/2014 is pointing that in order to report information on large exposures to clients and groups of connected clients in accordance with Article 394 of Regulation (EU) No 575/2013 on an individual and a consolidated basis, institutions shall submit the information as specified in Annex VIII, in accordance with the instructions in Annex IX.
Submission date
Rejected publishing date
Rationale for rejection

This question has been rejected because the issue it deals with is already explained or addressed in the Regulation (EU) No. 2021/451 (ITS on supervisory reporting), C 27.00 - Identification of the counterparty (LE1) Report, column 040 - Residence of the counterparty. 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