EBA · 2016_2974 Final Q&A

Reported currency by issuer/counterparty on a total level (in the Total sheet)

Regulation
Regulation (EU) No 575/2013 (CRR)
Article
415, para. 3
Topic
Supervisory reporting - Liquidity (LCR, NSFR, AMM)
Submitted by
Credit institution
Submitted
2016-11-02
Answered
2018-03-02
Answer provided by
ESAs (EBA, ESMA, EIOPA)
Browse ECB SSM Register → More Q&As on this regulation →

Question

How should assets that are issued or liquidity lines that are granted by a single issuer / counterparty be reported in the Total sheet, provided that the asset received or undrawn committed liquidity lines granted to the institution are denominated in more than one currency? Should the issuer / counterparty be reported on separate lines for separate currencies, or should the currency in which the largest proportion of assets / liquidity was obtained be reported for the aggregated currencies?

Background

According to the instructions to template C 71.00, the top ten issuers/counterparties of unencumbered assets or undrawn committed liquidity lines granted to the institution shall be recorded in column 010 in a descending fashion. It is however not clear what currency in column 060 should be reported in the total sheet, where there are exposures in multiple currencies to the issuer/counterparty. EBA Q&A 2014_1084 treats a similar question about product type, where the product type reported shall be the product in which the largest proportion of assets/ liquidity was obtained. It is not clear whether the currency should be treated the same way.

Answer

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 of Annex XX to the ITS on Supervisory Reporting, the institutions shall report both the ten most important issuers/counterparties and all other items used as counterbalancing capacity. If the assets received or the undrawn committed liquidity lines granted to the reporting institution by a single issuer/counterparty are denominated in more than one currency, institutions shall report, for the purposes of reporting in all currencies, the overall exposure in one line and shall report the currency in which the largest proportion of assets/ liquidity was obtained. For the purposes of reporting in a significant currency in accordance with Article 415(2) of Regulation (EU) No 575/2013 (CRR), only concentrations or parts of concentrations denominated in the relevant significant currency need to be reported.

Original source: European Banking Authority, Q&A ID 2016_2974

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.

Similar Q&As

Reporting of currency for undrawn committed facilities in Concentration of Counterbalancing Capacity template C 71.00

Answered 2018-01-12

Can the same issuer / counterparty appear more than once in the top 10 of template C 71.00 based on currency?

Answered 2018-03-02

Reporting of template C71.00 by significant currency

Answered 2019-09-06

Follow-up to Q&A 2016_2609 - Template C 71.00

Answered 2018-10-05

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

Answered 2018-03-09

More Q&As on this topic

COREP Additional Liquidity Monitoring Metrics - technical implementation of DPM v4.2 for template C_67.00.a and C_67.00.w - SubCategory "new_CO4" used instead of "new_CO1"

Answered 2026-03-13

ASF factors for Additional Tier 1 items as wells as Tier 2 items and other capital instruments maturing between 6 month and 1 year

Answered 2025-10-07

Treatment of wholesale term deposits with early withdrawal penalty clauses for maturity ladder purposes

Answered 2025-07-11

Own secured debt issues in Top 10 - C71.00

Answered 2025-02-21

Treatment of deposits pledged as collateral against loans in c66.01

Answered 2025-01-10

📋 Track EU financial regulation continuously

Forseti monitors EU financial regulation and delivers personalised alerts anchored to verified official sources.

Start free trial → Learn more

14-day free trial. No credit card required.