- Question ID
-
2023_6724
- Legal act
- Regulation (EU) No 575/2013 (CRR)
- Topic
- Supervisory reporting - FINREP (incl. FB&NPE)
- Article
-
430
- COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
- Regulation (EU) 2021/451 – ITS on supervisory reporting of institutions
- Article/Paragraph
-
Annex V
- Type of submitter
-
Credit institution
- Subject matter
-
EBA validation rules v3900_s and v5693_s
- Question
-
Should the severity of EBA validation rules v3900_s and v5693_s be changed from ‘non-blocking’ to ‘warning’ to allow for the possibility of negative interest income values?
- Background on the question
-
Under IFRS credit institution have a negative interest income for derivatives held for trading in the current year when this results from a correction (repayment) on interest income that was reported in previous financial years. Under these circumstances a negative interest income should be reported on Finrep templates F02.00; r0020; c0010 and F16.01; r0010/r0015; c0010. As a result EBA validations eba_3900_s and eba_v5693_s, which validate that the Finrep reported interest income on these rows should be equal or higher than 0, will signal a non-blocking error.
Should the severity of validation rules v3900_s and v5693_s be changed from ‘non-blocking’ to ‘warning’ to allow for the possibility of negative interest income values?
- Submission date
- Rejected publishing date
-
- Rationale for rejection
-
This question has been rejected because the matter it refers to has already been identified and will be considered for a forthcoming releases of the validation rules.
- Status
-
Rejected question
