Public development credit institution - reporting in Rows 0262, 0263, 0264 of C 47

Following Regulation (EU) 2019/876 amending Regulation (EU) No 575/2013 (CRR), additional rows have been included in COREP template C 47.00 with the purpose of reporting information related to promotional loans subject to exemptions under Article 429a. In particular, rows 0262, 0263, 0264 all refer to the reporting needs of both public development credit institutions (defined as credit institutions fulfilling all the conditions listed in the first subparagraph of Article 429a(2)) and autonomous units of an institution treated and approved according to the last paragraph of Article 429a(2). Instead, what differentiates rows 0262, 0263 and 0264 is the type of public sector investments and promotional loans to be reported, following the definition in Article 429a(3). Article 429a(3) distinguishes between three types of promotional loans: (i) loans granted by a public development credit institution – to be reported in row 0262; (ii) by an entity directly set up by the central government, regional government or local authority of a Member State – to be reported in row 0263 and (iii) by an entity set up through an intermediate credit institution on a non-competitive, not-for-profit basis, in order to promote the public policy objectives of the central government, regional government or local authority in a Member State – to be reported in row 0264.