Clarification on validation v3078m under FINREP reporting

In Finrep template F 18.00 ‘Information on performing and non-performing exposures’, the financial guarantees received on 'debt Instruments held for trading or trading' are not reported. This does not imply that these financial guarantees received should also be excluded from the reporting in template F 09.02. The instructions to the latter (IT solutions – Annex V to Commission implementing regulation (EU) 2024/3117, Part 2, par 102 and 119) do not explicitly exclude the financial guarantees received on 'debt Instruments held for trading or trading' and the validation rule v3078_m compares the values in F_09.02 (r080, c010) with the ones F_18.00.C (c205, c210, r330, r550) but does not express an exact equivalence between them (xsum({F 18.00.c, (c0205, c0210, r0330, r0550)}) <= {F 09.02, r0080, c0010}). This rule will be satisfied even in case of existence of financial guarantees received on debt instruments held for trading or trading. For additional clarification regarding the “maximum amount of the guarantee that can be considered” under validation v3078_m in templates F 18.00.c and F 09.02, QA 2020_5634 should be taken into account.