Validation rule eba_v6295_m

EBA validation rule v6295_m states that the Total original exposures reported in row 860 of template C 04.00 of Annex I to Regulation (EU) No 680/2014 (ITS on Supervisory Reporting should be greater than zero. EBA validation rule e4887_e checks that a value is reported in row 850 of that template showing the amount of of non-domestic original exposures.   In general, institutions are expected to have original exposures, mainly domestic original exposures (exposures to counterparties located in the Member State where the institution is located).   In the specific case of an institution that has been recently established it may be the case that the institution is not engaged (yet) in relevant business activities so that there are no business activities to report. In this case, the institution should report a zero in row 860 and the validation rule v6295_m, which is defined as a warning, cannot be met.   Since validation rule v6295_m will fail only in exceptional cases and considering it is defined as a ‘Warning’ rule as of version 2.9 of the EBA reporting framework, the definition will be left unchanged.   In the specific case of an institution that does not have any non-domestic original exposures, a zero should be reported in row 850 of template C 04.00. The validation rule e4887_e will not fail.