This site uses cookies. Visit our cookies policy page or click the link in any footer for more information and to change your preferences.

Accept all cookies Accept only essential cookies
Skip to main content
European Banking Authority logo
  • Extranet
  • Log in
  • About us
    Back

    About us

    The EBA is an independent EU Authority.  We play a key role in safeguarding the integrity and robustness of the EU banking sector to support financial stability in the EU.

    Learn more
      • Mission, values and tasks
      • Organisation and governance
        • Governance structure and decision making
        • EBA within the EU institutional framework
        • Internal organisation
        • Accountability
      • Legal and policy framework
        • EBA regulation and institutional framework
        • Compliance with EBA regulatory products
      • Sustainable EBA
      • Diversity and inclusion
      • Careers
        • Vacancies
        • Meet our team
      • Budget
      • Procurement
    Close menu panel
  • Activities
    Back

    Activities

    To contribute to the stability and effectiveness of the European financial system, the EBA develops harmonised rules for financial institutions, promotes convergence of supervisory practices, monitors, and advises on the impact of financial innovation and the transition to sustainable finance.

    Start here
      • Single Rulebook
      • Implementing Basel III in Europe
      • Supervisory convergence
        • Supervisory convergence
        • Supervisory disclosure
        • Peer Reviews
        • Mediation
        • Breach of Union Law
        • Colleges
        • Training
      • Direct supervision and oversight
        • Markets in Crypto-assets
        • Digital operational resilience Act
      • Information for consumers
        • National competent authorities for consumer protection
        • How to complain
        • Personal finance at the EU level
        • Warnings
        • Financial education
        • National registers and national authorities responsible for handling complaints related to credit servicers
        • Frauds and scams
      • Research Workshops
      • Ad hoc activities
        • Our response to Covid-19
        • Brexit
    Close menu panel
  • Risk and data analysis
    Back

    Risk and data analysis

    To ensure the orderly functioning and stability of the financial system in the European Union, we monitor and analyse risks and vulnerabilities relevant for the regulation of banks and investment firms. We also facilitate information sharing among authorities and institutions through supervisory reporting and data disclosure.

    Learn more
      • Risk analysis
        • 2024 EU wide transparency exercise
        • EU-wide stress testing
        • Risk monitoring
        • Thematic analysis
      • Remuneration and diversity analysis
      • Reporting frameworks
        • Reporting Time Traveller
        • DPM data dictionary
      • Data
        • Registers and other list of institutions
        • Guides on data
        • Aggregate statistical data
        • Secondary reporting: data from Competent Authorities to the EBA
        • Data analytics tools
    Close menu panel
  • Publications and media
    Back

    Publications and media

    Communicating to all our audiences in the most effective way and using the most appropriate channels is crucial for us. Through our publications, announcements, and participation in external events, we are committed to reaching out to all our stakeholders to report about our policies, activities, and initiatives.

    Learn more
      • Publications
        • Guidelines
        • Regulatory Technical Standards
        • Implementing Technical Standards
        • Reports
        • Consultation papers
        • Opinions
        • Decisions
        • Staff papers
        • Annual reports
      • Press releases
      • Speeches
      • Interviews
      • Events
      • Media centre
        • Media gallery
        • Media resources
    Close menu panel

Breadcrumb

  1. Home
  2. Single Rulebook Q&A
  3. 2024_7101 Treatment of lease commitments from operate-lease contracts in supervisory reportings
Question ID
2024_7101
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting
Article
5
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Not applicable
Article/Paragraph
n/a
Type of submitter
Credit institution
Subject matter
Treatment of lease commitments from operate-lease contracts in supervisory reportings
Question

Gemäß Art. 5 Abs. 1 CRR sind Risikopositionen als Aktivposten (Vermögenswert) oder außerbilanzieller Posten definiert. Bedeutet dies im Umkehrschluss, dass Leasingzusagen für Operate-Lease-Verträge nicht in den aufsichtsrechtlichen CRR-Meldungen auszuweisen sind, da diese nach nationalen Bilanzierungsregeln (HGB) nicht als außerbilanzieller Posten unter dem Bilanzstrich auszuweisen sind?

According to Article 5 (1) CRR, risk positions are defined as an asset or off-balance sheet item. Conversely, does this mean that lease commitments for operate-lease contracts are not to be shown in supervisory CRR reportings, as these are not to be reported as off-balance sheet items below the balance sheet line under national accounting rules (HGB)?

Background on the question

In den deutschen Bilanzierungsvorschriften sind auf Basis der Kreditinstituts-Rechnungslegungsverordnung (RechKredV) in der HGB-Bilanz als außerbilanzielle Verpflichtung die folgenden Verpflichtungen auszuweisen:

  • Eventualverbindlichkeiten:
    • Eventualverbindlichkeiten aus weitergegebenen abgerechneten Wechseln
    • Verbindlichkeiten aus Bürgschaften und Gewährleistungsverträgen
    • Haftung aus der Bestellung von Sicherheiten für fremde Verbindlichkeiten
  • Andere Verpflichtungen
    • Rücknahmeverpflichtungen aus unechten Pensionsgeschäften
    • Platzierungs- und Übernahmeverpflichtungen
    • Unwiderrufliche Kreditzusagen

Zusagen für Operate-Lease-Verträge werden aufgrund des fehlenden Kredittatbestandes nicht als unwiderrufliche Kreditzusagen klassifiziert und werden deshalb auch nicht in der HGB-Bilanz der Bank unter dem Bilanzstrich als außerbilanzielle Verpflichtung ausgewiesen. Gemäß EBA Q&A 2021_6239 könnten diese Zusagen i. S. d. Art. 166 Abs. 10 CRR behandelt werden, da eine Klassifizierung als Kreditlinie i. S. d. Art. 166 Abs. 8 CRR nicht zutrifft. Art. 166 Abs. 10 CRR verwendet jedoch den Begriff „außerbilanzielle Verpflichtung“, der sachlich wiederum mit einem Bilanzausweis im Zusammenhang stehen könnte.

Aus diesem Grund bitten wir um Klarstellung, dass Leasingzusagen von Operate-Lease-Verträgen nicht in den aufsichtsrechtlichen Meldungen zu berücksichtigen sind, da diese Zusagen gemäß den nationalen Rechnungslegungsvorschriften nicht in der Bilanz ausgewiesen werden.

According to the German accounting regulations, the following obligations must be shown in the HGB balance sheet as an off-balance sheet obligation based on the Credit Institution Accounting Ordinance (RechKredV):

  • Contingent obligations:
    • Contingent obligations from transferred settled bills of exchange
    • Liabilities arising from guarantees and warranty contracts
    • Liability arising from the provision of collateral for third-party liabilities
  • Other obligations
    • Repurchase commitments under reverse repo transactions
    • Placement and underwriting commitments
    • Irrevocable loan commitments

Commitments for operate-lease contracts are not classified as irrevocable loan commitments due to the lack of credit balance and are therefore not shown in the bank's HGB balance sheet below the balance sheet as an off-balance sheet obligation. According to EBA Q&A 2021_6239, these commitments could be dealt with within the meaning of Article 166 (10) CRR, since a classification as a credit facility within the meaning of Article 166 (8) CRR does not apply. However, Article 166 (10) CRR uses the term “off-balance sheet obligation”, which in turn could be related to a balance sheet statement.

For this reason, we ask for clarification that lease commitments from operate-lease contracts are not to be included in ECB relevant supervisory reportings, as these commitments are not shown on the balance sheet in accordance with national accounting rules (HGB).

Submission date
31/05/2024
Rejected publishing date
05/02/2025
Rationale for rejection

This question has been rejected because the question has not sufficiently identified a provision of a legal framework covered by this tool that creates uncertainty and for which an explanation is merited in terms or practical implementation or application. Additionally, it will be addressed by Q&A 4960.

The Single Rule Book Q&A tool has been established to provide explanations and non-binding interpretations on questions relating to the practical application or implementation of the provisions of legislative acts referred to in Article 1(2) of the EBA’s founding Regulation, as well as associated delegated and implementing acts, and guidelines and recommendations, adopted under these legislative acts. For further information on the purpose of this tool and on how to submit questions, please see 'Additional background and guidance for asking questions'.

Status
Rejected question

Footer

EUROPEAN BANKING AUTHORITY

Our mission is to contribute to the stability and effectiveness of the European financial system through simple, consistent, transparent, fair regulation and supervision that benefits all EU citizens.


UE logoAn agency of the EU

EU Agencies Network logoEU Agencies Network

EMAS logoSustainable EBA

Contact us

  • Contacts
  • Ask a general question
  • Send a press query
  • Ask a regulatory question
  • File a complaint
  • Whistleblower reports

Stay up to date with our work

  • Subscribe to our email alerts
  • News & press RSS feed

Follow us on Social media

  • Bluesky
  • LinkedIn
  • X
  • YouTube

Find out about us

  • The EBA at a glance
  • Vacancies
  • Privacy policy
  • Legal notice
  • Cookies policy
  • Frauds and scams

Explore related sites

  • EIOPA
  • ESMA
  • ESRB
  • CEBS archive