- Question ID
-
2021_6275
- Legal act
- Directive 2014/59/EU (BRRD)
- Topic
- BRRD Reporting
- Article
-
45i
- Paragraph
-
1
- COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
- Regulation (EU) 2021/763 – ITS with regard to the supervisory reporting and public disclosure of MREL
- Article/Paragraph
-
Annex I, Annex II
- Type of submitter
-
Credit institution
- Subject matter
-
Validation rules v10817_m for MREL/TLAC
- Question
-
Is it correct that validation rule v10817_m considers r0550, c0010 of template M 03.00?
- Background on the question
-
Annex II, section 3.1, paragraph 21 stipulates that entities subject to Article 45 BRRD have to report at least the own funds and liabilities eligible for the purposes of internal MREL, as well as other bail-in-able liabilities.
In accordance with that guidance, we have reported the total amount of other bail-in-able liabilities and own funds and eligible liabilities for the purposes of internal MREL in column 0040 of template M 05.00. In column 0050, we have reported the excluded liabilities pursuant to Article 72a(2) CRR, as said in the guidance.
In our opinion, it is impossible that the sum of r0210, r0250 and r0550 of template M 03.00 is less than or equal to the total amount of column 0060 of template M 05.00. Indeed, in r0550 of template M 03.00, there is the total amount of other bail-inable liabilities represented that are partially excluded in column 0050 of template M 05.00.
- Submission date
- Rejected publishing date
-
- Rationale for rejection
-
This question has been rejected because the matter it refers to has already been identified and will be considered for a forthcoming [versions of the Reporting framework / releases of the respective validation rules].
- Status
-
Rejected question
