Reporting currency - Table 40.1

Article 17(2) of the Regulation (EU) No 680/2014 13 ITS on supervisory reporting of institutionsDraft ITS on Supervisory reporting  states that the data submitted shall be associated with information including (b) Reporting currency; and (e) Level of application as individual or consolidated. FINREP tables are compiled on a consolidated basis, and thus F 40.01 template is taken from the view of the (parent company) institution which holds investments in subsidiaries, joint ventures and associates. Thus it is the reporting currency of the investor (parent) that should be used. Therefore, since the reporting currency of the investor is used, certain amounts reported in this template that would normally be relatively static, such as the share capital of investee, will in fact fluctuate in line with the evolution of the foreign exchange rates in those cases where the currency is different from that of the reporting parent.   *As of 1/8/2014 the content of this answer was modified to reflect the publication of the final ITS on supervisory reporting of institutions in the Official Journal of the European Union. As a result, the references to the ITS were updated and the disclaimer deleted. For reasons of transparency, revisions are highlighted in track changes.