Single Rulebook Q&A

Question ID: 2017_3221
Legal act : Directive 2013/36/EU as amended by Directive (EU) 2019/878 – CRD5
Topic : Supervisory reporting
Article: 78
Paragraph:
Subparagraph:
COM Delegated or Implementing Acts/RTS/ITS/GLs: Draft ITS on Supervisory Reporting for Institutions (for benchmarking the internal approaches)
Article/Paragraph : Annex II
Type of submitter: Credit institution
Subject matter : Undrawn uncommitted credit lines
Question:

What do we understand with "Undrawn uncommitted credit lines"? Are uncommited credit lines in the scope of the benchmarking? What kind of products are we talking about that fall into this category of facilities - are we talking about internal lines that have not been communicated to the customer? Are these relevant for COREP and the supervisory benchmarking?

Background on the question:

What do we understand with "Undrawn uncommitted credit lines"? Are uncommited credit lines in the scope of the benchmarking. What kind of products are we talking about that fall into this category of facilities - are we talking about internal lines that have not been communicated to the customer? Are these relevant for COREP and the supervisory benchmarking?

Date of submission: 10/03/2017
Published as Final Q&A: 26/07/2019
EBA answer:

The term ‘undrawn uncommitted credit lines’ used for type of facility in the instructions of column 100 of C 102.00 of Annex II to the Draft ITS on Supervisory Reporting for Institutions for benchmarking the internal approaches (ITS on Supervisory Benchmarking) is not referring to uncommitted internal lines.

The facilities to be covered in this portfolio are facilities that qualify for low risk based on Annex I, paragraph 4 (a) to Regulation (EU) No 575/2013 (CRR) and therefore referring to unconditional cancellable lines rather than uncommitted lines.

 

Disclaimer

The present Q&A on Supervisory reporting is provisional. It will be reviewed after the Implementing Regulation is in force and published in the Official Journal. The text of the Implementing Regulation may differ from the text of the draft ITS to which this Q&A refers.

Status: Final Q&A
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