Eligible asset classification for counterbalancing capacity C 71.00 – Concentration of Counterbalancing capacity by issuer / counterparty

According to Annex XX (template) and Annex XXI (instructions) of Regulation (EU) No 680/2014 (ITS on Supervisory Reporting) institutions shall report their concentration of counterbalancing capacity by issuer/counterparty as one of the additional monitoring metrics. In template C 71.00, institutions shall report both the ten most important issuers/counterparties and all other items used as counterbalancing capacity. Generally, counterbalancing capacity shall represent the stock of unencumbered assets or other funding sources which are legally and practically available to the institution at the reporting date to cover potential funding gaps. In paragraph 3 of Annex XXI to the ITS on Supervisory Reporting as amended by Regulation (EU) 2017/2114 (applicable from 1 March 2018), it is clarified that, for the purposes of C 71.00, the counterbalancing capacity shall consist of items reported under section 3 (rows 730-1080) of template C 66.01 of Annex XXII to the amended ITS on Supervisory Reporting with the qualification that the assets reported as counterbalancing capacity for the purposes of C 71.00 shall be unencumbered to be available for the institution to convert into cash on the reporting reference date.