Reporting requirement for draw down of facilities

In C 69.00 of Annex XX of final draft implementing technical standard (ITS) on additional liquidity monitoring metrics under Article 415(3)(b) of Regulation (EU) No 575/2013 (EBA/ITS/2013/11/rev1 (of 24 July 2014)) institutions should only report on-balance sheet items. This means that the facility is not reported when the contract is signed. It is only with the first subsequent drawdown that it will be reported. The “carrying amount” to be reported should be the maximum amount drawn in the reporting period. The original maturity of the drawdown should be the original maturity of the facility provided that the amount drawn can be rolled-over at discretion of the reporting institutions. If the drawdown cannot be rolled-over at discretion of the institution, then the actual maturity of the drawdown should be considered. In the following reporting period, assuming the reporting institutions increases the usage of the facility, only the additional amount drawn should be reported.     DISCLAIMER: The present Q&A on Supervisory reporting is provisional. It will be reviewed after the Implementing Regulation is in force and published in the Official Journal, which may differ from the text of the draft ITS to which this Q&A relates.