Question ID
2018_4213
Legal act
Directive 2014/59/EU (BRRD)
Topic
BRRD Reporting
Article
11
Paragraph
3
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Draft ITS on the provision of information for the purpose of resolution plans
Article/Paragraph
Annex II Instructions, Z 02.00, row 0200 (DGS liabilities)
Type of submitter
Resolution authority
Subject matter
Clarification of Z02.00, row 0200 (DGS liabilities)
Question

What is expected to be reported in Z 02.00, row 0200 (DGS liabilities) as the instructions only refer to Article 44 (2) point g (iv) of Directive 2014/59/EU and liabilities to deposit guarantee schemes arising from contributions due in accordance with Directive 2014/49/EU?

Background on the question

The EBA-data point model (DPM) refers to the main categories “deposits, debt securities issued, other financial liabilities”. What is expected to be filled in in these cells? Could DGS liabilities mean a bank’s liability arising from a DGS because the DGS was forced to take out a loan and now distributes its new liabilities among its members? An example may clarify the issue at hand.

Also, provisions arising from due contributions to DGS will be filled in this row (though this is not reflected in the data point model). Shall, additionally, provisions arising from due contributions to the resolution funds be filled in this row?

Submission date
Final publishing date
Final answer

Liabilities to deposit guarantee schemes (DGS) from contributions due in accordance with Directive 2014/49/EU (DGSD) are all liabilities to deposit guarantee schemes arising from contributions due under Article 10 of DGSD, both ordinary (in accordance with Article 10(1) as well as extraordinary (in accordance with Article 10(8) DGSD), as well as in the case of payment commitments, where the accounting treatment results in the payment commitment being fully reflected on the balance sheet (as a liability), under Article 10(3) DGSD.

Consequently, all the above should be reported in Z 02.00, row 0200.

Status
Final Q&A
Answer prepared by
Answer prepared by the EBA.

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