Question ID:
2018_3950
Legal Act:
Regulation (EU) No 575/2013 (CRR) as amended
Topic:
Supervisory reporting - COREP (incl. IP Losses)
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:
Annex XV
Disclose name of institution / entity:
Yes
Name of institution / submitter:
National Bank of Slovakia
Country of incorporation / residence:
Slovak Republic
Type of submitter:
Competent authority
Subject Matter:
Incorrect validation rule v4456_m
Question:

The validation rule v4456_m is not correctly defined in the taxonomy 2.7. Prerequisites are following: C 47.00 and C 43.00.a and C 43.00.b and C 43.00.c It means that all tables have to be reported. However a bank with a standardised approach to credit risk do not report table C 43.00.c. Consequently the rule can not be applied. In theory a bank can have no data for the table C 43.00.a as well.

Background on the question:

As the validation rule can not be applied, the validation rule is not run in our reporting system and there is a real risk that a bank sends invalid data.

Date of submission:
01/06/2018
Published as Final Q&A:
06/09/2019
EBA Answer:

The validation rule v4456_m prerequisites should indeed only include table C 47.00 since tables C 43.00.a, C 43.00.b and C 43.00.c may not all be reported at the same time. Therefore, only table C 47.00 will be included as a prerequisite for this validation rule.

Status:
Final Q&A