Which amount should be reported in template C 22.00, column 020 and 030 - all positions?

The Q&A refers to a foreign currency forward (FX forward) contract. The derivation of notional positions for FX forward contract envisages the decomposition of FX forward in two notional currency positions: a long notional position in the currency that, under the term of the contract, the institution contracted to buy and a short notional position in the currency that, under the term of the contract, the institution contracted to sell. Article 352 (3) of Regulation (EU) No 575/2013 (CRR) stipulates that if an institution has decided to use net present values when calculating net open positions then it should apply this approach consistently, i.e. for reporting requirements as well. According to the question, the institution entered a FX forward under which it will sell USD and buy GBP. In order to calculate the notional position the FX forward can be decomposed in two currency position: a long position in GBP, the currency that the institution contracted to buy; a short position in USD, the currency that the institution contracted to sell. If the institution has not opted to use net present values then it should refer to notional values (‘option a’ as presented in the question). The institution reports a long notional position in GBP of 100 and a short notional position in USD of 100 in columns 020 respectively 030 of template C 22.00 of Annex I to Regulation (EU) No 680/2014 (ITS on Supervisory Reporting). If the institution has opted to use net present values then it should do so consistently also for the purposes of reporting. Therefore, as described by ‘option b)’ in the question, the institution reports a long position in GBP the present notional value of which is 100 in c020 of C 22.00 and a short position in USD the present notional value of which is 95 in c030 of C 22.00. ‘Option c)’ is not correct as it considers the position in USD as a long position, i.e. as if the institution contracted to buy USD instead of sell USD.