EBA · 2023_6813 Rejected question

EBA VR v7872_m; v7873_m; v7874_m; v7875_m; v7876_m; v7877_m

Regulation
Directive 2013/36/EU (CRD)
Article
EBA VR Taxo v3.2.1, Validation rule v7872_m; EBA VR Taxo v3.2.1, Validation rulev7873_m; EBA VR Taxo v3.2.1, Validation rulev7874_m; EBA VR Taxo v3.2.1, Validation rulev7875_m; EBA VR Taxo v3.2.1, Validation rulev7876_m; EBA VR Taxo v3.2.1, Validation rul
Topic
Supervisory reporting - FINREP (incl. FB&NPE)
Submitted by
Credit institution
Submitted
2023-05-26

Question

Why there is still some validation rules which control if Financial Garantee and Collateral are less than the Gross Carrying Amount in FINREP 18.02?

Background

There is several validation rules which obliged us to declare Financial Garantee and Collateral less than the Gross Carrying Amount in FIN 18.02. There is multiple business cases where we can have Financial garantee and collateral more than gross carrying amount. And no regulatory text which support this validation rules.
No answer published yet.

Original source: European Banking Authority, Q&A ID 2023_6813

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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