- Question ID
-
2024_7269
- Legal act
- Regulation (EU) No 575/2013 (CRR)
- Topic
- Transparency and Pillar 3
- Article
-
449a
- Paragraph
-
Template 7 – Mitigating actions: Assets for the calculation of GAR
- COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
- Regulation (EU) 2022/2453 - ITS on ESG disclosures
- Article/Paragraph
-
Template 7 – Mitigating actions: Assets for the calculation of GAR
- Type of submitter
-
Other
- Subject matter
-
Clarification of reporting of lending or financing where the use of proceeds is unknown in row 440 from Template 7 (ESG Disclosure)
- Question
-
Should all the instruments or lending against Sovereigns, where the use of proceeds is unknown, be excluded from the numerator of Template 7 ESG Disclosure - row 460 - Sovereigns and moved to row 440 - Other assets (e.g. Goodwill, commodities etc.)?
- Background on the question
-
Following the Commission Notice C/2024/6691 for EU taxonomy, published on 8th of November 2024 ( Q.15: How should exposures of financial undertakings to regional governments and to entities controlled by States be treated?) , we would like to understand if the exposures related to lending or financing where the use of proceeds is unknown should be excluded from the numerator of Template 7 ESG Disclosure.
- Submission date
- Status
-
Question under review
- Answer prepared by
-
Answer prepared by the EBA.
