Question ID
2014_1231
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - COREP (incl. IP Losses)
Article
99
Subparagraph
Validation rules v0508_m, v0514_m, v0532_m and v0538_m
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)
Article/Paragraph
ITS on supervisory reporting - Annex XV - C 12.00, C 13.00
Name of institution / submitter
Unicredit Bank AG
Country of incorporation / residence
Germany
Type of submitter
Credit institution
Subject matter
CoRep 12 and 13 - Validation rules v0508_m, v0514_m, v0532_m and v0538_m
Question

The validation rules v0508_m and v0514_m for C 12.00 cannot be true at the same time in case there is any exposure subject to Look-Through or Internal Assesment Approach (breakdown of outstanding positionsaccording to CQS at inception is not applicable in these cases). The same applies for rules v0532_m and v0538_m for C 13.00 in case of Look-Through, Internal Assesment Approach or Supervisory Formula Method.

Background on the question

The reference is the last available Implementing Technical Standards (ITS) on supervisory reporting published by EBA.

Submission date
Final publishing date
Final answer

Only positions under the Ratings Based Method and unrated positions are reported in rows 250 to 290 in C 12.00 (CR SEC SA) and 430 to 540 in C 13.00 (CR SEC IRB) of Annex I of Regulation (EU) No 680/2014 - ITS on Supervisory reporting. This also holds for the columns 190 to 210, 330 and 340 of C 12.00 and columns 170 to 190, 400 and 410 of C 13.00. Validation rule v0508_m is correct in this regard. Validation rules v0514_m of C 12.00 and v0532_m and v0538_m of C 13.00 will be amended accordingly.

Status
Final Q&A
Answer prepared by
Answer prepared by the EBA.

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