- Question ID
-
2013_514
- Legal act
- Regulation (EU) No 575/2013 (CRR)
- Topic
- Supervisory reporting - COREP (incl. IP Losses)
- Article
-
99
- COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
- Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)
- Article/Paragraph
-
Annex XV - Validation Formulae
- Type of submitter
-
Consultancy firm
- Subject matter
-
Inconsistency in validation rules v0532_m.
- Question
-
Between v0532_m and v0533_m. The validation rule is different but they impact the same range of rows (040-090). We believe this range should be removed from rule v0532_m.
- Background on the question
-
We have been analysing the validation rules published in your website - Annex XV (Validation formulae) regarding the final ITS on supervisory reporting. For C13.00 there seem to be some inconsistencies.
- Submission date
- Final publishing date
-
- Final answer
-
Rows 040-090 are greyed out for columns 350 and 360 and rows 430-540 are greyed out for columns 330-390. Nevertheless, since the blank cells in v0532_m will be treated as zero according to Annex XV-DPM Validation formulae (see: http://www.eba.europa.eu/regulation-and-policy/supervisory-reporting/imp...), there is no need to remove rows 040-090 and rows 430-540 from the validation rule.
Validation rule v0534_m for rows (010;020) should read {c440} >= {c450}. Indeed, columns 440 and 450 of CR SEC IRB refer respectively to the total risk-weighted exposure amount before cap/after cap, before/after applying the limits specified in Article 260 of CRR (Article 265 of CRR has also to be considered).
*As of 1/8/2014 the content of this answer was modified to reflect the publication of the final ITS on supervisory reporting of institutions in the Official Journal of the European Union. As a result, the references to the ITS were updated and the disclaimer deleted. For reasons of transparency, revisions are highlighted in track changes.
- Status
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Final Q&A
- Answer prepared by
-
Answer prepared by the EBA.
Disclaimer
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