EBA · 2017_3140 Final Q&A

Use ‘AND’ or ‘OR’ rule to identify the exposure of the individual counterparties?

Regulation
Directive 2013/36/EU (CRD)
Article
78
Topic
Supervisory reporting - Supervisory Benchmarking
Submitted by
Credit institution
Submitted
2017-02-01
Answered
2017-03-24
Answer provided by
ESAs (EBA, ESMA, EIOPA)
Browse ECB SSM Register → More Q&As on this regulation →

Question

Template C 101.00 ‘Definition of Low Default Portfolio Counterparties’ (Annex I): Shall the columns Legal entity identifier, Credit register code, Commercial register code, ISIN Code and Bloomberg ticker be used with ‘AND’ or ‘OR’ rule to identify the exposure of the individual counterparties?

Background

It is unclear if we have to use ‘AND’ or ‘OR’ rule.

Answer

The columns 020, 030, 040, 050, 060, 070 and 080 of C 101.00 of Annex I to the Draft ITS on Supervisory Reporting for Institutions for benchmarking the internal approaches (ITS on Supervisory Benchmarking) provide different information on the same counterparty (LEI, example of ISIN,…) with the objective to allow the institution to identify properly the relevant counterparty. All exposures to that counterparty then have to be reported in the corresponding row of Annex III to the ITS on Supervisory Benchmarking. 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. The text of the Implementing Regulation may differ from the text of the draft ITS to which this Q&A refers.

Original source: European Banking Authority, Q&A ID 2017_3140

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

Clarification of columns 050 and 060 of template C 101.00, Annex I of the Benchmarking exercise.

Answered 2017-03-24

Supervisory Benchmarking Exercise, Annex II, C 102, columns 070 and 080 Counterparty types

Answered 2019-07-26

Definition of low default portfolios for 2017 supervisory benchmarking exercise: Missing Portfolio ID for exposures assigned to both the exposure class ‘institutions’ and to the sector of counterparty ‘general governments’

Answered 2017-03-24

Principles for completing template C 67.00 and C 71.00

Answered 2016-02-05

Reporting requirement of the “10 largest exposures to institutions” and “10 largest exposures to unregulated financial sector entities”

Answered 2014-04-11

More Q&As on this topic

Weighted average of the CCF

Answered 2020-11-27

PD-/PD+ for RWA-/RWA+

Answered 2020-11-27

Supervisory Benchmarking Exercise, Annex II, C 102, columns 070 and 080 Counterparty types

Answered 2019-07-26

Supervisory Benchmarking - Alternative risk weight

Answered 2019-07-26

EBA ITS package for 2019 benchmarking exercise (Annex V, section 2, FX instruments)

Answered 2019-07-26

📋 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.