EBA · 2022_6478 Rejected question

C 14.00 - Consistency of v7667_a

Regulation
Regulation (EU) No 575/2013 (CRR)
Article
430
Topic
Supervisory reporting - COREP (incl. IP Losses)
Submitted by
Credit institution
Submitted
2022-06-10

Question

Is the validation rule v7667_a consistent with the ITS?

Background

The validation rule v7667_a checks the possible options to be reported in column 0080 (TYPE OF RETENTION APPLIED) for template C 14.00 in Annex I to the Regulation (EU) 2021/451 (ITS on supervisory reporting) . Securitisation transactions that in column 0051 report the value "x3" (K = entirely recognized) are referred to the full repurchase of the notes issued, in that the concept of retention cannot be adopted. In the Annotated Table Layout, the domain of column 0080 for C 14.00 template is "ZZ2"; in the DPM Dictionary the value "x6" (N = Not applicable) is expected. In Annex II, this value is not directly mentioned with reference to column 0080 but in an indirect reference in the instructions to column 0090.  Why does v7667_a ({C 14.00, c0080} in {[eba_ZZ: x7], [eba_ZZ: x8], [eba_ZZ: x9], [eba_ZZ: x10], [eba_ZZ: x11], [eba_ZZ: x12], [eba_ZZ : x13]}) accept the value "x6" when the value "x3" is reported in column 0051 for C 14.00 template?
No answer published yet.

Original source: European Banking Authority, Q&A ID 2022_6478

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.

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