Question ID
2014_1571
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Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)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 II, Part 2, paragraph 119. C017.00:
Name of institution / submitter
Czech National Bank
Country of incorporation / residence
Czech Republic
Type of submitter
Competent authority
Subject matter
Reporting of template C017.00
Question

According to ITS Annex II, Part 2, paragraph 119. C017.00 The template C017.00 summarises the information by an institution in the last year. According to EBA final Q&A 2013 285: The reporting of C 17.00 (OPR Details) shall be based on the calendar year. The figures reported in June of the respective year are interim figures, the final figures are reported in December. But it is still not clear whether data is expected on the relevant calendar year (as current year) or on the last calendar year (as previous year): 1) data as of June 30, 2015 is about gross losses relevant to last calendar Year 2014 (the whole year) or about gross losses relevant to current calendar Year 2015 (1. half-year)? 2) data as of December 31, 2015 is about gross losses relevant to last calendar Year 2014 or about gross losses relevant to current calendar Year 2015?

Background on the question

It is not clear whether data is expected on the relevant calendar year (as current year) or on the last calendar year (as previous year). The Q&A 285 allow both interpretations.

Submission date
Final publishing date
Final answer
According to point 129 of Annex II of Regulation (EU) No 680/2014 - ITS on Supervisory reporting (ITS) as published in the Official Journal on 31 July 2015 the "figures reported in June of the respective year are interim figures, while the final figures are reported in December. Therefore the figures in June have a six months reference period (i.e. from 1/1 to 30/06 of the calendar year) while the figures in December have a twelve months reference period (i.e. from 1/1 to 31/12 of the calendar year)." Consequently, template C 17.00 of the ITS reported for the reporting reference date 30 June 2015 has to cover the period from 1 January 2015 to 30 June 2015, whereas data reported for the reference date 31 December 2015 will cover the complete calendar year 2015. An analogous approach is taken for all future reporting periods.
Status
Final Q&A
Answer prepared by
Answer prepared by the EBA.

Disclaimer

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