FINREP – F 01.01 and F 18.00.

Question

Should a supervised entity report past due fees (e.g., due to guarantees provided or management fees) as “Other Assets” (F 01.01, row 360) or as “loans and advances” (F 01.01, Row 183)?
According to CRR - Article 178(1)(b) when the obligor is past due more for than 90 days on any material credit obligation to the institution […] it shall be considered to have occurred a default.
However, the scope of F 18.00 (Information on performing and non-performing exposures) does not include “Other Assets”, making it impossible to consider the fees that are past due for more than 90 days as non-performing.
Therefore, we ask if it was the intention of the regulator to not include “Other Assets” in the scope of F 18.00.? If so, should these fees be considered as “loans and advances” (F 01.01, Row 183)?

European Banking Authority · Accepted Answer

Exposures stemming from fees related to financial services do not meet the definition given of “Other assets” in Part 2, paragraph 1.1.5 of annex V to Regulation (EU) No 680/2014 (ITS on supervisory reporting). Therefore, the exposures related to the fees mentioned in the question are financial assets and shall be reported in F 01.01, row 183 “Loans and advances” and in F 18.00, rows “Loans and advances”.

FINREP – F 01.01 and F 18.00.

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