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

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