Question ID
2025_7525
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - Funding Plans
Article
N/A
Paragraph
N/A
Subparagraph
N/A
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
EBA/GL/2019/05 – Guidelines on harmonised definitions and templates for funding plans of credit institutions under Recommendation A4 of ESRB/2012/2 - repealing EBA/GL/2014/04
Article/Paragraph
N/A
Type of submitter
Credit institution
Subject matter
EBA Funding Plan return - Annex 1 - 2.3.1 (P01.02) and 9.1 (P05.00)
Question

Guidance is needed on why there is a specific AT1 issuance/maturity section under debt securities/liabilities in P01.02,r191,c010 & P05.00, r0030 & r0040, c10-40 whereas under IFRS and therefore FINREP they are included in equity. This is leading to a validation error with FINREP which we would like the EBA to consider on the most appropriate way to resolve for the completion of the Funding Plan return.

Background on the question

If we reclassify AT1 from equities to AT1 issuance in P01.0, r191, c010 we get validation error “Total debt securities issued in FP {P01.02,r340,c010} should be equal to the value in FINREP ({F08.01.a,r0360,c0010+c0020+c0030 })”.  If we keep AT1 issuance in equity, we then get the validation error against issuances in P05.00 for AT1s: V08934_m, v08936_m, v08938_m and v08940_m.

Submission date
Rejected publishing date
Rationale for rejection

This question has been rejected because it is considered that EBA guidance or clarification is not needed with regard to the issue that it raises. For example, this can be the case where it is considered that the existing regulatory framework is sufficiently clear and unambiguous, or where different practices may be possible but it is not currently necessary to harmonise these further through the Q&A process.

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Status
Rejected question