Specific credit risk adjustments

The reporting of the reductions of CET1 capital according to Article 1 (1) second subparagraph of Commission Delegated Regulation (EU) No 183/2014 depends on the profit situation of the reporting institution. If the impairments, value adjustments or provisions for off-balance sheet items (corresponding to general and specific credit risk adjustments), form part of an overall loss in the current financial year (Article 36 (1) (a) CRR), the amount is already reflected in row 160 of template C 01.00 (Annex II of Regulation (EU) 680/2014 - ITS on reporting). In the specific case of impairments, value adjustments or provisions for off-balance sheet items reflected in interim profits or year-end profits that have not been approved by the competent authority in accordance with Article 26 (2) of the Regulation (EU) No. 575/2013 (CRR), for the general and specific credit risk adjustments to be recognised, a reduction of CET1 shall be reported in C 01.00, row 529 ( "CET1 capital elements or deductions - other") in accordance with the requirements of the second subparagraph of Article 1(1) of Commission Delegated Regulation (EU) No 183/2014.