Question ID
2025_7642
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Own funds
Article
article 36(3) - article 74
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Regulation (EU) No 241/2014 - RTS for Own Funds requirements for institutions
Article/Paragraph
article 17(1)
Type of submitter
Credit institution
Subject matter
Deduction of participations and Corep reporting
Question

For the deduction under article 17 (1)(e), of RTS 241/2014, what is the correct COREP row for reporting this item? Is reporting under row 0529 “CET1 capital elements or deductions – other” appropriate?
 

Background on the question

An institution holds preference shares issued by a Singapore-incorporated investment holding company. The instruments do not qualify as CET1, AT1 or Tier 2. The investee is not regulated under Singaporean law, and consequently the exposure cannot be risk weighted based on article 74 CRR.
 

Given that the investee meets the definition of a financial institution and the instruments are capital instruments, we expect that article 17(1)(e) RTS 241/2014 requires deduction of the exposure from own funds. However, what is the correct COREP row for reporting this item where no dedicated row appears to exist for Article 17 specifically? 
 

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.

Status
Rejected question