Question ID
2025_7581
Legal act
Directive 2014/59/EU (BRRD)
Topic
Resolution plans
Article
11
Paragraph
1
Subparagraph
a
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Draft ITS on the provision of information for the purpose of resolution plans
Article/Paragraph
7
Type of submitter
Credit institution
Subject matter
Requirements of Z 11.00 for RLE that are not institutions
Question

Article 3 - Group resolution reporting 

We observed some differences, especially for the Z 11.00 template when comparing the 2 parts of the final draft below:

  1. the draft proposal to the commission (chapter 3 Draft Implementing Technical Standards, article 3) and
  2. the tab in accompanying documents (chapter 2 Background and rationale - 2.2.4 Overview of revised reporting obligations).

It seems there is no article requiring specifically from RLEs that are institutions to report Z 11.00 template, although it is included in the tab "Overview of revised reporting obligations".

The Z 11.00 template is mentioned in paragraph 7, which seems to either concern the resolution entity or the scope of the article seems to be (too) large (all entities?).

Could you please confirm whether Z11.00 template is required for RLE that are not institutions?

Other information: In order to compare with Z02.00 requirements, paragraph 3 (a) specifically required Z 02.00 for RLE that are institutions.

Background on the question

No other information

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. This can be the case where it is considered that the existing regulatory framework is sufficiently clear and unambiguous, or where the Q&A may pre-empt policy work currently in progress on Level 2 and 3 measures.

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.

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