Z 07.02 - Mapping of economic functions to legal entities (FUNC 2)

Question

We request confirmation that in the Z 07.02 only the contribution of legal entities to the Group critical functions  should be reported in the template, and not their contribution to all economic functions considering that in the Annotated Table the key value is represented by the column 0020 ID - Critical function (CF to LE) .

European Banking Authority · Accepted Answer

According to the instructions of the Annex on IT solutions, column c0020 in template Z_07.02 should be filled in with the ID of the economic functions.   The taxonomy of the annotated table does not prevent reporting entities from reporting economic functions which are not identified as critical, and the instructions of template Z_07.02 do not limit the reporting to economic functions identified as critical — contrary to the instructions provided in Z_07.04, where reporting entities are explicitly requested to report only economic functions identified as critical.  Therefore, in Z 07.02 a mapping of the group’s legal entities’ contribution to all economic functions is expected.

Z 07.02 - Mapping of economic functions to legal entities (FUNC 2)

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