Question ID
2025_7471
Legal act
Directive 2002/87/EC (FiCOD)
Topic
Supervisory Reporting - FiCoD
Article
7
Paragraph
2
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Regulation (EU) 2022/2454 – ITS on the reporting of intra-group transactions and risk concentration for financial conglomerates
Article/Paragraph
7.2
Type of submitter
Credit institution
Subject matter
Submission Error related to FC.06/L0600 “Label: Duplicate fact, not same value"
Question

Could you please check if this duplicate ERROR is incorrect and needs to be corrected?
When we try to submit the FICO IGT & RC report via local FSA Portal we get an ERROR regarding template FC.06/L0600 “Label: Duplicate fact, not same value”. It seems like the validation rule creates an ERROR if an “Identification code of the external counterparty” (column 0020) is included on more than one row. According to EU 2022/2454 Article 7.2 instruction for column 0080 it needs to be allowed to include the same ID code for the counterparty if there are more than one entity of the conglomerate involved,   
I.E. two rows with the same Counterparty but two different entities of Consolidation (e.g. A & B), which get the following ERROR: Error in cell: sheet L0600, row 1, column J, with a value of A, Error in cell: sheet L0600, row 2, column J, with a value of B,. 

Background on the question

EU 2022/2454 Article 7.2 (FC.06 Risk Concentration – Exposure by counterparties) column 0020 Identification code of the external counterparty, Instructions: The unique identification code attached to the investor/buyer/transferee by this order of priority if available: LEI, specific code.
EU 2022/2454 Article 7.2 (FC.06 Risk Concentration – Exposure by counterparties) column 0080 Entity of the financial conglomerate, Instructions: The name of the entity of the conglomerate related to the exposures. This concerns all entities and a separate entry has to be reported for each entity. If more than one entity of the conglomerate is involved, a separate line is necessary for each entity.
EU 2022/2454 Article 7.2 (FC.06 Risk Concentration – Exposure by counterparties) column 0090 ID code of the entity of the financial conglomerate, Instructions: The unique identification code attached to the entity of the conglomerate by this order of priority if available: LEI, specific code

Submission date
Rejected publishing date
Rationale for rejection

This question has been rejected because the matter it refers to is in the process of being answered in Q&A 2025_7381.

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Status
Rejected question