- Question ID
-
2018_3780
- Legal act
- Directive 2013/36/EU (CRD)
- Topic
- Supervisory reporting - COREP (incl. IP Losses)
- Article
-
104
- Paragraph
-
1
- Subparagraph
-
d
- COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
- EBA/GL/2014/13 - Guidelines on common procedures and methodologies for the SREP
- Article/Paragraph
-
N/A
- Type of submitter
-
Competent authority
- Subject matter
-
Reporting of own funds deductions required by the competent authority.
- Question
-
What is the treatment for the purpose of supervisory reporting of specific own funds deductions or prudential filters required by the competent authority pursuant to Article 104(1)(d) of Directive 2013/36/EU?
- Background on the question
-
The question concerns deductions or prudential filters resulting from the application of Pillar 2 powers by the competent authority (Article 104(1)(d) of the CRD) targeted at specifically identified risks, used in combination with target ratios (Total SREP capital requirement ratio - TSCR) applied pursuant to the EBA SREP Guidelines (EBA/GL/2014/13 and EBA/CP/2017/18). In such cases, treating the deductions as Pillar 2 adjustments (COREP template C04, row 820 - “Own funds requirements related to Pillar II adjustments”) does not seem appropriate. In fact, following Q&A 2016_2699, row 820 of C04 is understood to refer to the total of all Pillar 2 measures and is alternative to the indication of Pillar 2 target ratios.
- Submission date
- Rejected publishing date
-
- Rationale for rejection
-
Please note that as part of adjustments to the Single Rulebook Q&A process, agreed by the EBA and the European Commission, it has been decided to reject outstanding questions submitted before 1 January 2020, when the Q&A process was updated as part of the last ESAs Review. In particular, the question that you have submitted has now regrettably been rejected and will not be addressed.
If you believe your question would still benefit from clarification, you are invited to resubmit your question, adapting it to reflect any legislative, regulatory or other relevant developments that may have occurred since the initial date of submission. The EBA will aim to address resubmitted questions as a matter of priority. When considering to resubmit, you are kindly requested to observe the updated admissibility criteria agreed in the context of the adjustment of the Q&A process, available in the Additional background and guidance for asking questions. We hope for your understanding.
For further information please refer to the press release and the updated Q&A page.
- Status
-
Rejected question