EBA · 2024_7240 Rejected question

FINREP Templates F25 and F13

Regulation
Regulation (EU) No 575/2013 (CRR)
Article
430, para. FINREP Guidance
Topic
Supervisory reporting - FINREP (incl. FB&NPE)
Submitted by
Other
Submitted
2024-11-04

Question

It has come to our attention that Form F25.01.a contains data elements that overlap with Form F13.3.1. For instance, F25.01.a Row 0120 Column 0030 shares data with F13.3.1a Row 0020 Column 0010. From a business perspective, this inclusion appears incongruous, and we would appreciate an explanation of the rationale behind this decision. Could you please provide the logic and reasoning for including this shared data element between Form F25 and Form F13?

Background

In our recent review of regulatory reporting requirements, we identified that certain data points are shared between Form F25.01.a and Form F13.3.1. Specifically, we noted that the data in Form F25.01.a Row 0120 Column 0030 is identical to that in Form F13.3.1a Row 0020 Column 0010. While we understand the importance of comprehensive reporting, this duplication appears to create potential inefficiencies and raises questions about the intended use of this shared information across different reporting contexts. Question: Could you please provide the logic and reasoning behind the decision to include this shared data fact between Form F25 and Form F13? We are particularly interested in understanding: 1.    The regulatory purpose for including this information in both forms 2.    How this shared data is used differently in the context of each form 3.    Whether this duplication serves a specific compliance or risk assessment function We believe that understanding the rationale behind this reporting structure will help us ensure more accurate and meaningful compliance with regulatory requirements.
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Original source: European Banking Authority, Q&A ID 2024_7240

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