EBA · 2017_3466 Final Q&A

Validation rule e4901_n

Regulation
Regulation (EU) No 575/2013 (CRR)
Article
99
Topic
Supervisory reporting - COREP (incl. IP Losses)
Submitted by
Investment firm
Submitted
2017-08-11
Answered
2017-11-17
Answer provided by
ESAs (EBA, ESMA, EIOPA)
Browse ECB SSM Register → More Q&As on this regulation →

Question

Validation rule e4901_n (active as from DPM 2.6.0) states the following:  [C 07.00.a (r140-170;190;210;220;250-280, c010-040;150-240, s014)] {C 07.00.a} = empty. We have values reported in C 07.00, s014, r140 relating to unsettled securities trades for which the contractual settlement date has not yet passed. As far as we are aware these trades do not attract a capital charge and we are reporting in on this line so as to show the exposure. Should these fields be left empty?

Background

This validation rule defines cells in template C 07.00 which are   expected to be empty. We act as a broker for our private clients in securities transactions through either a regulated exchange or an executing broker. These are DVP balances for which the agreed settlement date has not yet passed. In our interpretation these balances do not attract a capital charge (based on article 378 and 379). However we believe that we should report the exposure to give an indication of the total size and to enable us to reconcile the reported exposures to our balance sheet total. Should these balances be reported here or should these fields be left empty?

Answer

On the basis of information provided, the question relates to institutions that act as brokers for their private clients in Delivery Versus Payment (DVP) securities transactions. Since brokers do not retain any credit risk regarding to their clients’ trades, they do not enter any figure representing these trades in template C 07.00 of Annex I to Regulation (EU) No 680/2014 (ITS on Supervisory Reporting).

Original source: European Banking Authority, Q&A ID 2017_3466

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

Validation rule v0682_m - DPM 2.7.0.1

Answered 2019-05-10

Validation rule eba_v6295_m

Answered 2021-03-19

Inconsistency in validation rules v0532_m.

Answered 2014-04-04

Validation Rule v3812_s

Answered 2017-02-03

Validations

Answered 2015-10-02

More Q&As on this topic

Validation rules taxonomy V4.0 C_47.00, C_43.00.a, C_43.00.b, C_43.00.c - v4456_m

Answered 2026-07-03

Threshold exemptions from deduction from Common Equity Tier 1 items – Reporting within CoRep C 07.00

Answered 2026-01-09

Calculation of Ideosyncratic and Systematic Risk

Answered 2026-01-09

Appropriate reporting of unconditionally cancellable commitments (UCCs) subject to transitional arrangements of Article 495d in CR SA (COREP C_07.00)

Answered 2025-12-05

C 25.01 - CREDIT VALUATION ADJUSTMENT RISK (CVA) – Col 0090 - Instruction Clarification

Answered 2025-12-05

📋 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.