Question ID:
Legal Act:
Regulation (EU) No 575/2013 (CRR) as amended
Supervisory reporting - FINREP (incl. FB&NPE)
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:
Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (as amended)
FINREP. Validation Rules v5014 and v5015
Disclose name of institution / entity:
Type of submitter:
Credit institution
Subject Matter:
Validation Rules v5014_m and v5015_m for FinRep nGAAP (v2.6)

The definition of EBA Validation rules v5014_m and v5015_m does not work for FinRep nGAAP because template F 04.06 is missing in the formulas.


Background on the question:

The EBA Validation rules v5014_m and v5015_m use template F 06.00 for the calculation of the left hand side of the formula Template F 06.00 contains all accounting Portfolios, including Trading Financial Assets. For the calculation of the right hand side of the formula values from template F 04.06 (Trading Financial Assets)  are not added. At the Moment only template F 18.00 is included. Template F 18.00 contains assets other than Held for trading and Trading Financial Assets. Therefore the Validation rule does not work for FinRep nGAAP. However, for FinRep IFRS this Validation rule works because values reported in template F 04.01 are considered.

Date of submission:
Published as Final Q&A:
EBA Answer:

The definitions of validation rules v5014_m and v5015_m for v2.6 are indeed not considering that values in the Trading Financial Assets portfolio are not included in template F 18.00 of Annexes III and IV to Regulation (EU) No 680/2014 (ITS on Supervisory Reporting).

Template F 06.00 has been replaced by template F 06.01 in v2.7, hence the validation rule has been changed with the new reporting framework. The accounting portfolios in both templates F 18.00 and F 06.01 are now the same and the validation rule could be applied to IFRS and nGAAP.

Final Q&A