Reporting templates on risk concentrations and intra-group transactions for conglomerates (FICOD)

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Debit and credit accounts: What method of applying the threshold in the context of an SEO comprising positive and negative amounts (example debit and credit current accounts). SEO includes declaration of debit and credit accounts Can banks declare the balances if they exceed the threshold?

European Insurance and Occupational Pensions Authority · Accepted Answer

Where contractual provisions allow for the netting of credit and debit balances between two or several entities of the financial conglomerate (e.g. such as cash pooling or other similar arrangements) and that such credit and debit balances are considered on a net basis by the concerned undertaking under the applicable accounting framework, such credit and debit balances shall be considered as a single transaction for the purpose of intra-group transactions reporting under Commission Implementing Regulation (EU) 2022/2454. The value of that transaction corresponds then to the net aggregated balance of those credit and debit balances.

Reporting templates on risk concentrations and intra-group transactions for conglomerates (FICOD)

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