Question ID
2023_6890
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - COREP (incl. IP Losses)
Article
159
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Regulation (EU) 2021/451 – ITS on supervisory reporting of institutions (repealed)
Article/Paragraph
Annex II
Type of submitter
Credit institution
Subject matter
Templates C01 and C04 Validation rule v4811_m
Question

The v4811_m validation rule states that the control checks that the sum of IRB shortfall (-) of specific credit risk adjustments to expected losses (both defaulted and non defaulted exposures) in the C04.00 template (rows 0100 and 0145) must be equal to the row 0380 in template C01.00 - Own funds. Both factors of the formula, as described in the Instructions, do not cover the same scope and cannot be equal.

Background on the question

This rule cannot be validated because both factors of the formula are not covering the same scope. According to the Instructions, the cell 0380 in template C01 - own fund covers the whole scope of expected loss amounts including equity exposures. For the amounts collected in CA4 file rows 0100 and 0145, Instructions refer to expected losses eligible excluding points 7, 8 and 9 of article 158 CRR, meaning equity exposures are excluded.

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 Sections 1.2.1 and 1.5.1 of Part II of Annex II to Commission Implementing Regulation (EU) 2021/451.

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