Question ID
2025_7544
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
Annex I
Type of submitter
Credit institution
Subject matter
Clarifications about the new column 65 “Offsetting Group” in template C06 under DPM 4.0
Question

Should column 65 (Offsetting Group) in template C06 be reported in 202506?

Background on the question

Under DPM 4.0, template C06 (Group Solvency) includes a new column (065) called ‘Offsetting Group’ which is related to the new market risk framework (FRTB). The FRTB framework has an application date of 1 January 2026 and the European Commission has proposed delaying its entry into force until 1 January 2027. 

According to Part II-Group Solvency of Annex II of Regulation 2024/3117 (Instructions for reporting on own funds and own funds requirements) the information to be reported in column 065 must be consistent with the identification of the ‘offsetting group’ that will be carried out under the FRTB. Given that and the fact that this new market risk framework does not apply until 2026 (or 2027 if the Commission's proposal is approved), we understand that column 065 of template C06 may be left blank in 202506 and would not apply until the FRTB framework comes into force

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 the regulatory framework, which is sufficiently clear and unambiguous (instructions for C 06, column 0065, second paragraph (points (a) and (b)).

The Single Rule Book Q&A tool has been established to provide explanations and non-binding interpretations on questions relating to the practical application or implementation of the provisions of legislative acts referred to in Article 1(2) of the EBA’s founding Regulation, as well as associated delegated and implementing acts, and guidelines and recommendations, adopted under these legislative acts.

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Status
Rejected question