Scope of Waiver for Amended Solo Consolidation and Impact on Supervisory Reporting

The 'amended solo' waiver provided for in Article 9 CRR is not available for the Leverage Ratio given that the Leverage Ratio does not fall under the scope of Article 6(1) Regulation (EU) No 575/2013 (CRR). Amending the current text of Article 9 CRR to allow an "individual consolidation" for the purpose of the Leverage Ratio so as to ensure an alignment of the level of application between the Own Funds requirements of Part Two and the Leverage Ratio requirements of Part Seven is not envisaged at this stage.  The Commission will consider any necessary changes to the levels of application of CRR requirements in its forthcoming Report to the European Parliament and the Council, due under Article 508(1) CRR. Any inconsistencies in the reporting validation rules can be addressed by EBA, which could modify the validation rules on cross form validation between the Leverage Ratio reporting templates and the COREP templates, as appropriate.  DISCLAIMER: This question goes beyond matters of consistent and effective application of the regulatory framework. A Directorate General of the Commission (Directorate General for Internal Market and Services) has prepared the answer, albeit that only the Court of Justice of the European Union can provide definitive interpretations of EU legislation. This is an unofficial opinion of that Directorate General, which the European Banking Authority publishes on its behalf. The answers are not binding on the European Commission as an institution. You should be aware that the European Commission could adopt a position different from the one expressed in such Q&As, for instance in infringement proceedings or after a detailed examination of a specific case or on the basis of any new legal or factual elements that may have been brought to its attention.