Question ID
2023_6728
Legal act
Directive 2013/36/EU (CRD)
Topic
Interest Rate Risk for Banking Book (IRRBB)
Article
84
Paragraph
6
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
EBA/GL/2022/14 - Guidelines on interest rate risk arising from non-trading book activities
Article/Paragraph
Paragraph 14
Type of submitter
Consultancy firm
Subject matter
Net interest income measure plus market value changes
Question

Could you please confirm that fair value variations of financial products accounted at amortised cost (as the management intention is to hold them until maturity) are not to be accounted for the net interest income measure plus market value changes ?

Background on the question

For net interest income, institutions should also consider market value changes of instruments — depending on accounting treatment (fair value/nGAAP) — either shown in the profit and loss account or directly in equity (e.g., via other comprehensive income).

Submission date
Rejected publishing date
Rationale for rejection

This question has been rejected because the issue it deals with is already explained or addressed in the regulatory framework. In particular, please see paragraphs 14 and 15 (IRRBB and CSRBB) and 124 (CSRBB)  of EBA/GL/2022/14.

For further information on the purpose of this tool and on how to submit questions, please see “Additional background and guidance for asking questions”.

Status
Rejected question