Single Rulebook Q&A

Question ID: 2018_3884
Legal act : Regulation (EU) No 575/2013 (CRR) as amended
Topic : Supervisory reporting
Article: 99
COM Delegated or Implementing Acts/RTS/ITS/GLs: Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (as amended)
Article/Paragraph : /
Name of institution / submitter: Crelan
Country of incorporation / residence: Belgium
Type of submitter: Credit institution
Subject matter : FINREP. Validation rule v5468_m

Is validaton rule v5468_m correct?

Background on the question:

There is a mistake in the validation rule below: ERROR : v5468_m: [F 18.00.a] (F 18.00.a, r221, c010) = (F 04.07, r120, c010) - (F 04.07, r110, c021) + (F 04.08, r120, c010) - (F 04.08, r120, c030) + sum((F 04.10, r060, (c016, c025))) (1 error(s))

Date of submission: 16/05/2018
Published as Final Q&A: 09/11/2018
EBA answer:

Validation rule v5468_m seeks to compare data relating to “loans and advances” - as described in part 1 paragraphs 32 and 44(a) of Annex V to Regulation (EU) No 680/2014 (ITS on Supervisory Reporting) - across template F 18.00.a and template F 04.07 or F 04.08 or F 04.10.

Validation rule v5468_m is flawed since parts of its formula are wrongly referring to data from other items than “loans and advances”.

Therefore, to remedy the issue, validation rule v5468_m has been amended on 10/09/2018 for v2.8 as follows:

{F 18.00.a, r221, c010} = {F 04.07, r120, c010} - {F 04.07, r110 r120, c021} + {F 04.08, r120, c010} - {F 04.08, r120, c030} + sum({F 04.10, r060 r120, (c016, c025)}).

Status: Final Q&A
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