Question ID
2025_7398
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - COREP (incl. IP Losses)
Article
430
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Regulation (EU) 2024/3117 - ITS on supervisory reporting of institutions
Article/Paragraph
C34.08
Type of submitter
Credit institution
Subject matter
Domestic sovereign debt
Question

EBA Q&A 2023_6737 states "Exposures shall be deemed to be domestic where they are exposures to counterparties located in the Member State where the institution is established". Could we confirm that this is also valid in context of the currency of denomination of the debt? e.g. if an EU government issued debt in a currency other than its domestic currency - e.g. Romanian government issues EUR debt instead of RON debt would this still be deemed to be "domestic sovereign debt"?

Background on the question

The previous Q&A covers both debt and cash with only the guidance on cash refering to currency so we seek to clarify that we can purely refer to country of incorporation and not currency with respect to debt securities.

Submission date
Rejected publishing date
Rationale for rejection

This question has been rejected because EBA guidance or clarification is not needed. This can be the case where harmonisation of practices through the Q&A process is not considered necessary; or that the issue is not material, for example because it is considered to be relevant only to a limited set of institutions or other stakeholders.

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Status
Rejected question