- Question ID
-
2018_4243
- Legal act
- Directive 2013/36/EU (CRD)
- Topic
- Supervisory reporting - Supervisory Benchmarking
- Article
-
78
- COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
- Draft ITS on Supervisory Reporting of Institutions (for benchmarking the internal approaches)
- Article/Paragraph
-
Annex V, Market Benchmarking Portfolios
- Type of submitter
-
Industry association
- Subject matter
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Market risk benchmarking - specification of Long position on “Cap and Floor” 10-year UBS AG (Ticker: UBSG VX) Notes.
- Question
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The specification for section 2. IR. 23, institutions shall provide IMV on a long position note issued by UBS. Should the institutions include credit risk on UBS note?
- Background on the question
-
Section 2: IR Instruments - question 23 (Long position on “Cap and Floor” 10-year UBS AG (Ticker: UBSG VX) Notes.)
- 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
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Rejected question