- Question ID
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2025_7518
- Legal act
- Regulation (EU) No 575/2013 (CRR)
- Topic
- Supervisory reporting - COREP (incl. IP Losses)
- Article
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430
- Paragraph
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1
- COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
- Regulation (EU) No 680/2014 - ITS on supervisory reporting of institutions (repealed)
- Article/Paragraph
-
430 / 1
- Type of submitter
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Credit institution
- Subject matter
-
CoRep Template - C13.01 - Guidance regarding the treatment of the 'Before Cap' column (Column 0890)
- Question
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As per the CRR Article, the final RWA is required to be derived after applying additional risk weight due to non compliance of due diligence requirement as defined in Article 270a and maturity mismatch for synthetic securitization as per Article 252. However, this additional risk weight RWA is applied on the RWA only after application of the Cap as per Article 267, 268 and 269a. Hence the Final RWA can be higher than the Before CAP RWA due to application of additional risk weight due to Article 270a or Article 252.
As per COREP instruction, the "Before Cap" (column 0890) RWA requires us to report all RWA before applying Cap and the difference between the Before Cap and After Cap Final RWA is only driven by impact of Cap. This creates a conflict to the actual CRR articles and hence requires further clarification. - Background on the question
-
As per the COREP guidance for C13.01, the "Before CAP" (column 0890) RWA requires us to report the RWA before application of CAP as defined in Articles 267, 268 and 269a. The guidance also wants us to report the impact on Cap (column 0900 & 0910) and Final RWA (column 0920). The Final RWA that is required to be reported is after applying additional RWA.
- Submission date
- Rejected publishing date
-
- Rationale for rejection
-
This question has been rejected because the question is not sufficiently clear or has not sufficiently identified a provision of a legal framework covered by this tool that creates uncertainty and for which an explanation is merited in terms or practical implementation or application.
- Status
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Rejected question
