- Question ID
-
2015_2158
- Legal act
- Regulation (EU) No 575/2013 (CRR)
- Topic
- Liquidity risk
- Article
-
415
- Paragraph
-
2
- Subparagraph
-
a
- COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
- Delegated Regulation (EU) 2015/61 - DR with regard to liquidity coverage requirement
- Article/Paragraph
-
4(5)
- Type of submitter
-
Credit institution
- Subject matter
-
Definition of Aggregate Liabilities
- Question
-
Does the term ‘Aggregate Liabilities’ referred to in Article 415(2)(a), refers solely to ‘Liabilities’ or does it refer to ‘Liabilities and Equity’?
- Background on the question
-
Article 415(2)(a) states that “an institution shall report separately to the competent authorities of the home Member State the items referred to in a paragraph 1 in the currency below when it has ‘aggregate liabilities’ in a currency different from the reporting currency under para 1 amounting to or exceeding 5% of the single liquidity sub-group’s total liabilities. We would like to ensure that the term ‘Aggregate Liabilities’ excludes ‘Equity’
- Submission date
- Rejected publishing date
-
- Rationale for rejection
-
Please note that as part of adjustments to the Single Rulebook Q&A process, agreed by the EBA and the European Commission, it has been decided to reject outstanding questions submitted before 1 January 2020, when the Q&A process was updated as part of the last ESAs Review. In particular, the question that you have submitted has now regrettably been rejected and will not be addressed.
If you believe your question would still benefit from clarification, you are invited to resubmit your question, adapting it to reflect any legislative, regulatory or other relevant developments that may have occurred since the initial date of submission. The EBA will aim to address resubmitted questions as a matter of priority. When considering to resubmit, you are kindly requested to observe the updated admissibility criteria agreed in the context of the adjustment of the Q&A process, available in the Additional background and guidance for asking questions. We hope for your understanding.
For further information please refer to the press release and the updated Q&A page.
- Status
-
Rejected question