- Question ID
-
2015_1712
- Legal act
- Regulation (EU) No 575/2013 (CRR)
- Topic
- Supervisory reporting - Liquidity (LCR, NSFR, AMM)
- Article
-
415
- Paragraph
-
3
- Subparagraph
-
b
- COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
- Draft ITS on Supervisory Reporting of Institutions
- Article/Paragraph
-
ANNEX XXI
- Type of submitter
-
Credit institution
- Subject matter
-
Reportable maturity for ALMM C70 ROLL-OVER OF FUNDING
- Question
-
The ANNEX XXI instructions for the ALMM C70 Roll-overs return do not outline whether initial maturity or remaining maturity should be reported. With regard to the C70 Roll-overs return, should respondents report maturing funding at initial maturity rather than remaining maturity?
- Background on the question
-
In reading the instructions for the ALMM C70 Roll-overs return, we are unsure as to whether the Authority intends respondents to report funding at remaining maturity (and thereby receive a view of the outstanding term profile) or at initial maturity (and thereby receive a view that matches maturing funding term with the corresponding replacement of funding). For example: The respondent bank has an outstanding EUR100m repurchase agreement liability of initial (original) term 95 days (remaining term of only 50 days) which it agrees with the counterparty to roll-over with a 95 day term. Should the repondent report the maturing cashflow and the roll-over cashflow a) at initial term: i.e. both flows in the '>3 Months ≤ 6 Months' time bucket or b) at remaining term: with the maturing cashflow in the '>1 Month ≤ 3 Months' time bucket and the roll-over cashflow in the '>3 Months ≤ 6 Months' time bucket?
- Submission date
- Final publishing date
-
- Final answer
-
All items in C 70.00 of Annex XX of final draft implementing technical standard (ITS) on additional liquidity monitoring metrics under Article 415(3)(b) of Regulation (EU) No 575/2013 (EBA/ITS/2013/11/rev1 (of 24 July 2014)) should be reported by original maturity in order to reflect how funding is replaced/ rolled over.
DISCLAIMER:
The present Q&A on Supervisory reporting is provisional. It will be reviewed after the Implementing Regulation is in force and published in the Official Journal, which may differ from the text of the draft ITS to which this Q&A relates.
- Status
-
Final Q&A
- Answer prepared by
-
Answer prepared by the EBA.
Disclaimer
The Q&A refers to the provisions in force on the day of their publication. The EBA does not systematically review published Q&As following the amendment of legislative acts. Users of the Q&A tool should therefore check the date of publication of the Q&A and whether the provisions referred to in the answer remain the same.