Question ID
2017_3140
Legal act
Directive 2013/36/EU (CRD)
Topic
Supervisory reporting - Supervisory Benchmarking
Article
78
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Draft ITS on Supervisory Reporting of Institutions (for benchmarking the internal approaches)
Article/Paragraph
Annex I
Type of submitter
Credit institution
Subject matter
Use ‘AND’ or ‘OR’ rule to identify the exposure of the individual counterparties?
Question

Template C 101.00 ‘Definition of Low Default Portfolio Counterparties’ (Annex I): Shall the columns Legal entity identifier, Credit register code, Commercial register code, ISIN Code and Bloomberg ticker be used with ‘AND’ or ‘OR’ rule to identify the exposure of the individual counterparties?

Background on the question

It is unclear if we have to use ‘AND’ or ‘OR’ rule.

Submission date
Final publishing date
Final answer

The columns 020, 030, 040, 050, 060, 070 and 080 of C 101.00 of Annex I to the Draft ITS on Supervisory Reporting for Institutions for benchmarking the internal approaches (ITS on Supervisory Benchmarking) provide different information on the same counterparty (LEI, example of ISIN,…) with the objective to allow the institution to identify properly the relevant counterparty.

All exposures to that counterparty then have to be reported in the corresponding row of Annex III to the ITS on Supervisory Benchmarking.

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. The text of the Implementing Regulation may differ from the text of the draft ITS to which this Q&A refers.

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.