EBA · 2013_394 Final Q&A

Scope of LE3 template: Details of the exposures to individual clients within groups of connected clients

Regulation
Regulation (EU) No 575/2013 (CRR)
Article
394 (4)
Topic
Supervisory reporting - Large Exposures
Submitted by
Credit institution
Submitted
2013-10-16
Answered
2014-03-07
Answer provided by
ESAs (EBA, ESMA, EIOPA)
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Question

Is there a threshold foreseen to fill in this table? Or do we have to fill in all the exposures on individual clients, who belong to a group of connected clients?

Background

Text is not clear

Answer

Neither Article 394 of Regulation (EU) No. 575/2013 (CRR) nor the Regulation (EU) No 680/2014 13 ITS on supervisory reporting of institutionsDraft ITS on Supervisory reporting  contain a threshold regarding the detailing of the individual clients who belong to a certain group of connected clients. This means that all exposures, regardless of their size, to the individual clients of the group of connected clients (group reported in LE2 template) which exist at the time of the reporting reference date need to be reported in the LE3 template.   *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.

Original source: European Banking Authority, Q&A ID 2013_394

This Q&A is published by European Banking Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

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