Question ID
2025_7389
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Own funds
Article
80
Paragraph
1
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Not applicable
Article/Paragraph
n.a.
Type of submitter
Consultancy firm
Subject matter
Valuation of non-CET1 instruments
Question

As per the EBA REPORT ON THE MONITORING OF ADDITIONAL TIER 1 (AT1), TIER 2 AND TLAC/MREL ELIGIBLE LIABILITIES INSTRUMENTS OF EUROPEAN UNION (EU) INSTITUTIONS – UPDATE document published on the 27th of June 2024, paragraphs 145 to 151, the report advises to include the accrued interest in the amount used for the valuation of such instruments, i.e., the carrying amount in full, for prudential purposes. This however has not been included in any ITS on Corep or MREL that we are aware of. Could you please advise if this change should have a direct impact on the amounts reported in Corep or MREL, whether it is mandatory for all reporting entities and if so, starting with which reference date/reporting framework?

Background on the question

Reporting Own Funds in Corep and MREL: prudential valuation of non-CET1 instruments

Submission date
Rejected publishing date
Rationale for rejection

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Status
Rejected question