EBA · 2014_1269 Final Q&A

Incorrect legal references

Regulation
Regulation (EU) No 575/2013 (CRR)
Article
99
Topic
Supervisory reporting - COREP (incl. IP Losses)
Submitted by
Industry association
Submitted
2014-06-09
Answered
2016-09-09
Answer provided by
ESAs (EBA, ESMA, EIOPA)

Question

Which are the correct legal references of the item in row 020 of template Grandfathered Instruments: Instruments not Constituing State Aid (C05.02)?

Background

The articles referring to the decree - "point ca) of Article 57 and Article 154(8) and (9) of 2006/48/EC" - in row 020 of template 020 do not seem to exist.

Answer

Rows 020 to 080 of C 05.02 of Annex I to Regulation (EU) No 680/2014 (ITS on Supervisory Reporting) include instruments according to Article 484 (4) of Regulation (EU) No 575/2013 (CRR), i.e. instruments and related share premium accounts that qualified as original own funds under national transposition measures for point (ca) of Article 57 and Article 154(8) and (9) of Directive 2006/48/EC. Directive 2006/48/EC has been repealed by CRR and Directive 2013/36/EU (CRD IV), nevertheless certain articles remain applicable in the context of transposition measures. The original Directive 2006/48/EC including all changes can be found at http://eur-lex.europa.eu/legal-content/EN/TXT/?qid=1405692774425&uri=CELEX:02006L0048-20130701 .

Original source: European Banking Authority, Q&A ID 2014_1269

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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