Question ID
2024_7252
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - Liquidity (LCR, NSFR, AMM)
Article
ANNEX XIX INSTRUCTIONS FOR COMPLETING THE ADDITIONAL MONITORING TOOLS TEMPLATE OF ANNEX XVIII and ANNEX XXIII INSTRUCTIONS FOR COMPLETING THE MATURITY LADDER TEMPLATE OF ANNEX XXII
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Regulation (EU) 2021/451 – ITS on supervisory reporting of institutions (repealed)
Article/Paragraph
Commission Implementing Regulation (EU) 2022/1994 of 21 November 2022
Type of submitter
Credit institution
Subject matter
Meaning of ‘intragroup’ for the purpose of reporting in COREP template C 66.00 and C 68.00
Question

What is the scope of ‘of which from intra-group entities’ for the purposes of classification of funding in COREP template C 68.00, row  190 (2.2.4) and in template C 66.00? 

Background on the question

In annex XIX, Instructions for completing the additional monitoring tools template of annex XVIII:

Regarding C 68: 2.2.4 of which financial liabilities other than derivatives and short positions from intra-group entities. 

‘Of the funding in row 0150, that which is funding obtained from intra-group entities, where the counterparty is a parent or a subsidiary of the institution or another subsidiary of the same parent or linked to the credit institution by a relationship within the meaning of Article 12(1) of Directive 83/349/EEC.. 

Wholesale funding from intra-group entities shall only be reported on a solo or subconsolidated basis’.

 

Regarding C 66: 1.2.0.1 of which: Intragroup or IPS

‘The amount of outflows in 1.2 where the counterparty is a parent or a subsidiary of the institution or another subsidiary of the same parent or linked to the credit institution by a relationship within the meaning of Article 12(1) of Directive 83/349/EEC or a member of the same institutional protection scheme referred to in Article 113(7) of Regulation (EU) No 575/2013 or the central institution or an affiliate of a network or cooperative group as referred to in Article 10 of Regulation (EU) No 575/2013)’.

C 66 instructions does not indicate that ‘Wholesale funding from intra-group entities shall only be reported on a solo or subconsolidated basis’ as is mentioned in C 68.

 

Suppose there are two subsidiaries companies A and B that belong to the same parent company (C) and A borrows €100.000 from company B. In a consolidated basis, Parent company (C) does not report intragroup funding but in a subconsolidated basis (A or B): should company A report €100.000 as intragroup funding?

Submission date
Rejected publishing date
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Status
Rejected question