Question ID
2014_1521
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - Funding Plans
Article
99
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
EBA/GL/2014/04 - Guidelines on harmonised definitions and templates for funding plans of credit institutions - repealed by EBA/GL/2019/05
Article/Paragraph
Annex I - Templates for GL on FP
Name of institution / submitter
INVOKE
Country of incorporation / residence
FRANCE
Type of submitter
Consultancy firm
Subject matter
Funding Plans : Table 2C (P 02.06) - Gradation of currencies in the taxonomy
Question

In Table 2C (P 02.06), there is a notion of gradation on currencies' breakdown (1st, 2nd, and 3rd Largest material currency). But for now, the taxonomy don't handle this gradation. Does that mean that we can report the three most significant currencies regardless of their rank of importance?

Background on the question

In Table 2C (P 02.06), there is a notion of gradation on currencies' breakdown (1st, 2nd, and 3rd Largest material currency). But for now, the taxonomy don't handle this gradation. Does that mean that we can report the three most significant currencies regardless of their rank of importance?

Submission date
Final publishing date
Final answer

Institutions shall report the three largest material currencies. Please see also Q&As 2015_2329 and 2015_2388 on identification of these currencies. There is no difference in ranking of currencies as long as the three largest ones are reported. Currencies are reported as z-axis for template P 02.06 of Annex I of EBA/GL/2014/04 and can be identified and ranked based on reported facts.

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

Disclaimer

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