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  1. Home
  2. Single Rulebook Q&A
  3. 2025_7406 Disclosures of Number of Staff Management body in its supervisory function in FINREP Template 44.4
Question ID
2025_7406
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Supervisory reporting - FINREP (incl. FB&NPE)
Article
Annex V. Part 2.
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Regulation (EU) 2021/451 – ITS on supervisory reporting of institutions (repealed)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.
Type of submitter
Credit institution
Subject matter
Disclosures of Number of Staff Management body in its supervisory function in FINREP Template 44.4
Question

For the management body in its supervisory function and senior management in Template 44.4 column 0040, and management body in its management function in column 0030, should only the number of members of the management body and senior management in EU parent company be reported, or should the number of members of the consolidated subsidiaries also be included? Same question applies to the variable and fixed remuneration rows 0010 and 0020, and other staff expenses row 0030.

Background on the question

According to Annex V Part 2.311i ‘Fixed remuneration’, ‘variable remuneration’, ‘identified staff’ and ‘management body in its management function’ shall have the same meaning as in the EBA Guidelines “on sound remuneration policies under Articles 74(3) and 75(2) of Directive 2013/36/EU and disclosures under Article 450 of Regulation (EU) No 575/2013” (EBA/GL/2015/22). According to the FINAL REPORT ON GUIDELINES ON SOUND REMUNERATION POLICIES, part 5.3 Identification process at individual, sub-consolidated and consolidated level, point 115 - ‘the staff member is a member of the management body in its management function’ only if he or she is also a member of the management body of the EU parent institution. We would like to understand if this means that the number of members of management body and senior management in columns 0030 and 0040 of Template 44.4 captures only the EU parent company staff members or including all subsidiaries’ staff members.

Submission date
09/04/2025
Rejected publishing date
04/06/2025
Rationale for rejection

This question has been rejected because the issue it deals with is already explained in the IT solutions (Annex V, Part 1, paragraph 12) to Regulation (EU) 2024/3117 according to which the Finrep templates shall be prepared using the prudential scope of consolidation, unless specified otherwise in that Annex.

For further information on the purpose of this tool and on how to submit questions, please see “Additional background and guidance for asking questions”.

Status
Rejected question

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