Question ID
2014_1287
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - Leverage ratio
Article
430
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)
Article/Paragraph
Annex XI
Type of submitter
Other
Subject matter
Classification of institution in LR5
Question

What should be reported in {LR5;040;1} in case of brokerage houses?

Background on the question

Brokerage activity does not match with either of:
   Universal banking (retail/commercial and investment banking)
Retail/commercial banking
Investment banking
Specialised lender  

Submission date
Final publishing date
Final answer

According to the instructions on {r040, c010} of template C 44.00 (LR5) of Annex X to Regulation (EU) No 680/2014 (ITS on Supervisory Reporting) as provided in Annex XI thereto, the institution shall classify its institution type in row 040 of template C 44.00 of Annex X to the ITS on Supervisory Reporting according to the categories given below:

 - Universal banking (retail/commercial and investment banking)

 - Retail/commercial banking

 - Investment banking

 - Specialised lender

To take account of activities not covered by the four categories above, including ‘Brokerage activity’, a fifth category ‘other’ will be created and incorporated into a future version of the ITS on Supervisory Reporting. In the meantime, reporting institutions whose business cannot be assigned to one of the categories above should leave the cell blank.

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

Disclaimer

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