Question ID
2024_7262
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - FINREP (incl. FB&NPE)
Article
Annex V, part 2
Paragraph
8
Subparagraph
97
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Regulation (EU) 2021/451 – ITS on supervisory reporting of institutions (repealed)
Article/Paragraph
Annex V, part 2, F08-BREAKDOWN OF FINANCIAL LIABILITIES, paragraph 97
Type of submitter
Credit institution
Subject matter
Reporting of ESCROW accounts (or other captive accounts) in template F08.01
Question

In which row shall be reported Escrow accounts (or other captive deposits) from non financial companies in template F 08.01 ‘Breakdown of financial liabilities by product and by counterparty sector’? 

Either as being ‘Current accounts/overnights deposits’ row 0270 or as ‘Deposits redeemable at notice’ row 0290 or as ‘Deposits with agreed maturity’ row 0280?

 

Background on the question

Credit Institutions receive from clients funds/deposits/accounts which can not be transferred or withdraw freely, but only upon the fulfillment of predetermined contractual obligations (or upon receiving appropriate instructions from third parties). This is the case of Escrow accounts already clarified in your Q&A 2017_3129 in the context of Liquitity Risk. Other accounts different from Escrow can also have similar captive conditions.

These operational deposits/accounts can have or have not agreed maturity, as well as being interest-bearing or not. The maturity and interest-bearing conditions are not the focus, but rather the special specific restrictions/conditions on their availability and transferability. 

Submission date
Rejected publishing date
Rationale for rejection

This question has been rejected because the matter it refers is in the process of being answered in Q&A 7088.

Status
Rejected question