- Question ID
-
2013_619
- Legal act
- Regulation (EU) No 575/2013 (CRR)
- 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- Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)
- Article/Paragraph
-
Annex V - FINREP Instructions
- Type of submitter
-
Credit institution
- Subject matter
-
FINREP Reporting - Cumulative from ARD or period-on-period
- Question
-
Can the EBA please confirm whether data in the FINREP templates should be reported on a cumulative basis (from the start of the accounting reference date), or period-on-period?
- Background on the question
-
From the FINREP instructions we are not clear whether we should report FINREP data on a cumulative basis.
- Submission date
- Final publishing date
-
- Final answer
-
As per Article 2 (2) of the Regulation (EU) No 680/2014 13 ITS on supervisory reporting of institutionsDraft ITS on Supervisory reporting "information submitted 26referring to a certain period shall be reported cumulatively from the first day of the accounting year to the reference date".
Thus the FINREP templates should be reported on a cumulative basis.
*As of 1/8/2014 the content of this answer was modified to reflect the publication of the final ITS on supervisory reporting of institutions in the Official Journal of the European Union. As a result, the references to the ITS were updated and the disclaimer deleted. For reasons of transparency, revisions are highlighted in track changes.
- Status
-
Final Q&A
- Answer prepared by
-
Answer prepared by the EBA.