Question ID
2014_976
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - Other
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Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)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
5.13 Reporting of Large exposures
Name of institution / submitter
Bank of Slovenija
Country of incorporation / residence
Slovenia
Type of submitter
Competent authority
Subject matter
Missing activity in NACE code - for agiculure
Question

Dear Sir/Madam! We found out that there is no NACE code in ITS for activity Agriculture. In NACE code are for eg. codes A - Agriculture, forestry and fishing, A2 - Forestry and logging and A3 - Fishing and aquaculture. But there is not code for Agriculture, which could be A1. That you for your answer. Best regards, Tjaša Češnovar BANKA SLOVENIJE Eurosystem Banking supervision Slovenska 35 1505 Ljubljana Phone: +386 1 47 19 341 Faks: +386 1 47 19 727 E-mail: Tjasa.Cesnovar@bsi.si Website: http://www.bsi.si

Background on the question

Dear Sir/Madam! We found out that there is no NACE code in ITS for activity Agriculture. In NACE code are for eg. codes A - Agriculture, forestry and fishing, A2 - Forestry and logging and A3 - Fishing and aquaculture. But there is not code for Agriculture, which could be A1. That you for your answer. Best regards, Tjaša Češnovar BANKA SLOVENIJE Eurosystem Banking supervision Slovenska 35 1505 Ljubljana Phone: +386 1 47 19 341 Faks: +386 1 47 19 727 E-mail: Tjasa.Cesnovar@bsi.si Website: http://www.bsi.si

Submission date
Final publishing date
Final answer

In template C 27.00, covering the identification of the counterparty of the  exposure, the NACE codes of non-financial corporations and other financial corporations shall be reported. According to the instructions (Annex IX of the Regulation (EU) No 680/2014 13 ITS on Supervisory Reporting of institutions (ITS)), for non-financial corporations (where agricultural corporations shall be allocated), NACE codes shall be used with one-digit detail.

Therefore, agricultural corporations shall be given the code "A. Agriculture, forestry and fishing", as included in the Data Point Model.

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

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